Economy & Government

1
Learning Objectives
• I can name and describe the different
types of economic systems
• I can compare and contrast differe...
• To more effectively live, humans have set up
economic systems and governments.
• Economic Systems
Theories of:
a. production (making)
b. distribution (shipping, buying & selling)
c. consumption (using)
Production, distribution or consumption?
1. Traditional Economy
a. used by earlier civilizations and less developed countries
b. subsistence living
c. depend on cu...
2. Capitalism (a.k.a.Free Market system) (vo
a. private ownership of property and/or businesses
b. no gov’t regulation (ru...
This
company
• Class System is a part of
capitalism
•

- Upper (elites)
- Middle (bourgeoisie)
- Lower/workers

middle

upper/elites
3. Socialism – A theory advocating some gov’t control (regulation) of economic
activity. It also relies on the redistribut...
4. Communism– “higher stage” of socialism
a. Total gov’t ownership of property and businesses
b. Pro-worker (proletariat)
...
- The color of communism - red
Origin of Communism - Karl Marx (German
philosopher)

Published in 1848
• What type of economic system does the U.S.
have?
•

The U.S.A., technically, has a Mixed Economy capitalist (free market) economy with
some government regulation (socialis...
•

Where is the U.S. on the capitalist/communist continuum? What about Canada?
to 10

Capitalism

Communism

Socialism

1 ...
• Despite the technicalities, most people call our
economic system . . . CAPITALISM!!!
• Does capitalism work?
For some . . .
capitalism is great!

#2 (richest in the
world) Bill Gates
– 61 billion

Donald Trump – 2.9
billion
#3 Warr...
Oprah Winfrey is
worth 2.7 billion

Who is the richest
person in the world?
Carlos Slim (Mexico) - #1 richest
person in the world @ 70 billion
Capitalism fosters greed
For others . . . not so much (hurts those who
do not have $)
Again, what type of system does the U.S. have?
Capitalism vs. Communism
and/or Socialism
. . . you be the judge.

Republic...
Occupy Wall Street movement (2011)
which protested against greed,
corruption, economic inequality, etc.
• Capitalists use propaganda to demonize communism and socialism.

“Communism” and “Socialism” are
considered dirty words ...
juxtaposition
Learning Objectives
• I can name and describe the different
types of government systems
• I can compare and contrast diffe...
• Political Systems – a system of government; a
form of rule over people.
- What are some different forms of government?
1. Democracy– Government by the people.
Two types:
a. Direct Democracy– Everyone participates and has a say in gov’t. Ex.
...
b. Republic– Gov’t system in which the people elect leaders to represent them.
a.k.a. representative democracy. Example: U...
•

Difference between (direct) democracy and republic. Students will draw

(Direct)
2. Autocracy – government in which one person has
unlimited power over others.
- Two types:
a. Totalitarian dictatorship
A...
Muammar Gaddafi - Libya

Idi Amin - Uganda
Rafael Trujillo –
Dominican Republic
The state/country
is in control of
everyth...
Also comes with a ridiculous fashion sense.
• Regime– authoritarian/dictatorship and/or corrupt government
b. Monarchy– Government rule by king or queen.
Two types:
1. 1. Absolute Monarchy – all powerful

Ex. Saudi Arabia
King Abdullah
2. Constitutional or Limited Monarchy –
little or no power

“I just came out to say,
POWER TO THE PEOPLE.”
Constitutional Monarchy
Ex. Canada, Jamaica, Belize & other Caribbean Islands.

Blue-current
Red-Formerxt
British Commonwe...
•

Is Queen Elizabeth II, of the United Kingdom, an absolute monarch?
•

NO!!! She is a constitutional or limited monarch.
3. Oligarchy – Government rule by a group of people.
Example: Communist State (country) – single-party

(communist) rule which professes allegiance to Marxist-Leninist communi...
- Current Communist States (countries) – Cuba,
China, Laos, Vietnam & North Korea

Eastern Hemisphere
Western Hemisphere
• The United States will do everything
in their power to stop the spread of communism .
. . especially in the Western Hemi...
This was the fear
of the U.S.-especially after
Cuba was on their
doorstep
•

The U.S. anti-communist policy known as The Domino Theory
4. Theocracy– gov’t rule by a religion. Ex.– Iran (Islam)
Ayatollah
(Supreme
Leader) in
Iran

President

Based on Sharia L...
Iranian fashion police
Women’s rights protest in Tehran, Iran. The theocratic gov’t took it very seriously.

Showing hair is a
form protest.
“Women should have the
same rights as men.”
Farsi/Persian
5. Fascism– led by a dictator; emphasizes ancestry, culture and blood; emphasis of
nation (nationalism) over the individua...
6. Plutocracy – the rule or control of a society by the wealthy.
7. Anarchy– no government

Nester Makhno (1918) – leader of the
Anarchist Free Territory in Ukraine
during the Russian Civ...
What would life be like
without gov’t?
Think about it.
You would have to deal with people like this.
• What is the role of government?
- To serve and protect

(we hope)
Learning Objective
• I can explain how different countries are
connected economically through trade,
transportation, etc.
...
• We are all globally linked/connected together . .
. how?
1. Transportation
a. Waterways
b. Roads
c. Air
d. rail
2. Economics
•

- Currency (paper money)
1. Example: euro
- Distribution . . . Trade
• What percent (%) of trade travels by water?
- 90%
- Top five trading partners (countries/states) with the
U.S.?

Long Beach, CA port
1. Canada 2. China 3. Mexico 4. Japan 5.
Germany

- Examples of major trade networks.
Major trade networks - Oil
• Tariff – a tax on imports & exports . . . why tariffs?
• Tariffs protect locally made products.
3. Communication
a. Language
1. Internet
2. Telephones
3. Mail
4. T.V./Radio
Hemisphere & “World”?????
KIP
4. Migration– movement from one place to another.
Hemispheres?

World migration since 1700
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
Economy and government
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Economy and government
Economy and government
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Economy and government

  1. 1. Economy & Government 1
  2. 2. Learning Objectives • I can name and describe the different types of economic systems • I can compare and contrast different economic systems around the world. 2 79
  3. 3. • To more effectively live, humans have set up economic systems and governments.
  4. 4. • Economic Systems Theories of: a. production (making) b. distribution (shipping, buying & selling) c. consumption (using)
  5. 5. Production, distribution or consumption?
  6. 6. 1. Traditional Economy a. used by earlier civilizations and less developed countries b. subsistence living c. depend on customs, traditions, & inheritance to guide economic activities d. found among indigenous populations that largely depend on agriculture for their living information about both economies taken from http://www.wisegeek.com/what-is-the-difference-between-a-traditional-and-market-economy.htm
  7. 7. 2. Capitalism (a.k.a.Free Market system) (vo a. private ownership of property and/or businesses b. no gov’t regulation (rules) c. supply & demand c. encourages competition d. class system. Adam Smith
  8. 8. This company
  9. 9. • Class System is a part of capitalism • - Upper (elites) - Middle (bourgeoisie) - Lower/workers middle upper/elites
  10. 10. 3. Socialism – A theory advocating some gov’t control (regulation) of economic activity. It also relies on the redistribution of wealth.
  11. 11. 4. Communism– “higher stage” of socialism a. Total gov’t ownership of property and businesses b. Pro-worker (proletariat) c. Classless system (everyone is equal) d. Command Economy - What is the color of communism?
  12. 12. - The color of communism - red
  13. 13. Origin of Communism - Karl Marx (German philosopher) Published in 1848
  14. 14. • What type of economic system does the U.S. have?
  15. 15. • The U.S.A., technically, has a Mixed Economy capitalist (free market) economy with some government regulation (socialism).
  16. 16. • Where is the U.S. on the capitalist/communist continuum? What about Canada? to 10 Capitalism Communism Socialism 1 2 3 4 5 6 7 8 9 10 1
  17. 17. • Despite the technicalities, most people call our economic system . . . CAPITALISM!!!
  18. 18. • Does capitalism work?
  19. 19. For some . . . capitalism is great! #2 (richest in the world) Bill Gates – 61 billion Donald Trump – 2.9 billion #3 Warren Buffet – 44 billion Paris Hilton
  20. 20. Oprah Winfrey is worth 2.7 billion Who is the richest person in the world?
  21. 21. Carlos Slim (Mexico) - #1 richest person in the world @ 70 billion
  22. 22. Capitalism fosters greed
  23. 23. For others . . . not so much (hurts those who do not have $)
  24. 24. Again, what type of system does the U.S. have? Capitalism vs. Communism and/or Socialism . . . you be the judge. Republicans republicans
  25. 25. Occupy Wall Street movement (2011) which protested against greed, corruption, economic inequality, etc.
  26. 26. • Capitalists use propaganda to demonize communism and socialism. “Communism” and “Socialism” are considered dirty words to many people in the United States.
  27. 27. juxtaposition
  28. 28. Learning Objectives • I can name and describe the different types of government systems • I can compare and contrast different government systems 38 114
  29. 29. • Political Systems – a system of government; a form of rule over people. - What are some different forms of government?
  30. 30. 1. Democracy– Government by the people. Two types: a. Direct Democracy– Everyone participates and has a say in gov’t. Ex. Ancient Greece
  31. 31. b. Republic– Gov’t system in which the people elect leaders to represent them. a.k.a. representative democracy. Example: USA
  32. 32. • Difference between (direct) democracy and republic. Students will draw (Direct)
  33. 33. 2. Autocracy – government in which one person has unlimited power over others. - Two types: a. Totalitarian dictatorship All are infamous and, generally, narcissistic. Pol Pot - Cambodia Augusto Pinochet - Chile Bashar al-Assad - Syria Saddam Hussein - Iraq
  34. 34. Muammar Gaddafi - Libya Idi Amin - Uganda Rafael Trujillo – Dominican Republic The state/country is in control of everything Students-please draw this
  35. 35. Also comes with a ridiculous fashion sense.
  36. 36. • Regime– authoritarian/dictatorship and/or corrupt government
  37. 37. b. Monarchy– Government rule by king or queen. Two types:
  38. 38. 1. 1. Absolute Monarchy – all powerful Ex. Saudi Arabia King Abdullah
  39. 39. 2. Constitutional or Limited Monarchy – little or no power “I just came out to say, POWER TO THE PEOPLE.”
  40. 40. Constitutional Monarchy Ex. Canada, Jamaica, Belize & other Caribbean Islands. Blue-current Red-Formerxt British Commonwealth of Nations. Who is there monarch?
  41. 41. • Is Queen Elizabeth II, of the United Kingdom, an absolute monarch?
  42. 42. • NO!!! She is a constitutional or limited monarch.
  43. 43. 3. Oligarchy – Government rule by a group of people.
  44. 44. Example: Communist State (country) – single-party (communist) rule which professes allegiance to Marxist-Leninist communist ideology; led by a dictator; indoctrination. North Korea Karl Marx Vladimir Lenin Communism is thought of as both an economic system and a gov’t system.
  45. 45. - Current Communist States (countries) – Cuba, China, Laos, Vietnam & North Korea Eastern Hemisphere Western Hemisphere
  46. 46. • The United States will do everything in their power to stop the spread of communism . . . especially in the Western Hemisphere. Ex. Nicaragua 1980s
  47. 47. This was the fear of the U.S.-especially after Cuba was on their doorstep
  48. 48. • The U.S. anti-communist policy known as The Domino Theory
  49. 49. 4. Theocracy– gov’t rule by a religion. Ex.– Iran (Islam) Ayatollah (Supreme Leader) in Iran President Based on Sharia Law
  50. 50. Iranian fashion police
  51. 51. Women’s rights protest in Tehran, Iran. The theocratic gov’t took it very seriously. Showing hair is a form protest.
  52. 52. “Women should have the same rights as men.” Farsi/Persian
  53. 53. 5. Fascism– led by a dictator; emphasizes ancestry, culture and blood; emphasis of nation (nationalism) over the individual; indoctrination; forcibly suppresses any opposition. Examples: Germany, Italy & Spain in the 1930’s & ’40s Francisco Franco (Spain) Hitler and Mussolini (Italy) As mentioned before, dictators are, generally, infamous and very narcissistic.
  54. 54. 6. Plutocracy – the rule or control of a society by the wealthy.
  55. 55. 7. Anarchy– no government Nester Makhno (1918) – leader of the Anarchist Free Territory in Ukraine during the Russian Civil War. Mikhail Bakunin (Russian) Pierre-Joseph Proudhon (French) – father of modern Anarchism
  56. 56. What would life be like without gov’t? Think about it.
  57. 57. You would have to deal with people like this.
  58. 58. • What is the role of government?
  59. 59. - To serve and protect (we hope)
  60. 60. Learning Objective • I can explain how different countries are connected economically through trade, transportation, etc. 73 149
  61. 61. • We are all globally linked/connected together . . . how?
  62. 62. 1. Transportation a. Waterways b. Roads c. Air d. rail
  63. 63. 2. Economics
  64. 64. • - Currency (paper money) 1. Example: euro
  65. 65. - Distribution . . . Trade
  66. 66. • What percent (%) of trade travels by water?
  67. 67. - 90% - Top five trading partners (countries/states) with the U.S.? Long Beach, CA port
  68. 68. 1. Canada 2. China 3. Mexico 4. Japan 5. Germany - Examples of major trade networks.
  69. 69. Major trade networks - Oil
  70. 70. • Tariff – a tax on imports & exports . . . why tariffs?
  71. 71. • Tariffs protect locally made products.
  72. 72. 3. Communication a. Language 1. Internet 2. Telephones 3. Mail 4. T.V./Radio
  73. 73. Hemisphere & “World”?????
  74. 74. KIP
  75. 75. 4. Migration– movement from one place to another. Hemispheres? World migration since 1700

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