IBM Lecture 2

Political Systems: Collectivism ,[object Object],[object Object],[object Object],[object Object],[object Object]

Political Systems: Individualism ,[object Object],[object Object],[object Object],[object Object]

Democracy and Totalitarianism Democracy : a political system in which government is by the people, exercised either directly or through elected representatives Totalitarianism: form of government in which one person or political party exercises absolute control over all spheres of human life and prohibits opposing political parties

Elements of Representative Democracy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

4 forms of Totalitarianism ,[object Object],[object Object],[object Object],[object Object]

Economic Systems Comparison: Market, Command, Mixed ,[object Object],[object Object],[object Object],[object Object]

Economic Systems Comparison: Market, Command, Mixed ,[object Object],[object Object],[object Object]

Legal Systems: Property Rights Legal System : refers to the rules , or laws, that regulate behavior along with the processes by which the laws are enforced and through which redress for grievances is obtained

Different Legal Systems Common Law: Based on tradition (legal history), precedent (prior cases), and custom (ways in which laws are applied in specific situations) Civil Law: based on very detailed set of laws organized into codes. Theocratic Law: Law based on religious teachings

Country Focus: 40 Years of Corruption in Nigeria ,[object Object],[object Object],[object Object],[object Object]

Contract law ,[object Object],[object Object]

Lecture II: Determinants of Economic Development

Differences in Economic Development ,[object Object],[object Object],[object Object]

Broader Conceptions of Development ,[object Object],[object Object],[object Object],[object Object],[object Object]

Political Economy and Economic Progress ,[object Object],[object Object],[object Object],[object Object]

States in Transition ,[object Object]

Evolution of Commercial Institutions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The New World Order ,[object Object]

Nature of Economic Transformation ,[object Object],[object Object]

Article Review ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Spread of Market-Based Systems ,[object Object],[object Object],[object Object],[object Object]

Article Review ,[object Object],[object Object],[object Object]

IBM Lecture 2

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IBM Lecture 2