COMMAND ECONOMIC SYSTEM
The government controls all aspects of the economy. What is produced, how it is produced and what jobs citizens have.
MARKET ECONOMIC SYSTEM
Citizens can have their own business and price is decided by supply and demand.
MIXED ECONOMIC SYSTEM
Government controls some parts of the economy and citizens can have their own businesses.
TRADITIONAL ECONOMIC SYSTEM
Economy is passed down generation to generation. Examples include subsistence farming and nomadic herding
Governments that have rules in place so that the power of the rulers is limited.
Governments that have NO rules in place so rulers can do whatever they want.
One man ruler, usually a military general who runs the government and has unlimited power.
Strong national government, state governments, has three branches, Legislative, Executive and Judicial
Has a king/queen, Parliament that is elected by the people and a Prime Minister.
King or Queen has absolute power and can do whatever they want.
Pope has absolute power and can do whatever he wants.
Government controls all parts of government and society.
Limited government where citizens vote for those people they want to represent them in government.
King/Queen, Parliament elected by the people and Prime Minister elected by the Parliament.