Political and Economic Systems
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- Political and Economic systems
- Good morning class! Today we will be learning about the political and economic systems
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- Hmm I wonder what that means...
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- What is government and how does government affect the daily lives of individuals?
- The first question I'll be answering is what is government and how does government affect our daily lives?
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- What is government and how does government affect the daily lives of individuals?
- Government is a group of people who make decisions to keep stability in our economy. The government make decision on our living conditions.
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- What purpose does the governmennt serve?
- Before I answer this question is there anyone who has an Idea of what the answer is?
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- I can! The government establishes law and order to ensure stability!
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- What purpose does the governmennt serve?
- Very good Liddy! I guess we'll move to the next question because you explained it so well!
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- What are the advantages and disadvantages to diffrent types of government?
- Advantages in demoray are freedom. While disadvantages are slow decision making.Advantages in monarchy are stability and quick decision making. Disadvantages are abuse of power.
- Advantages in Authonotarism are it remains order and stability. Disadvantages are no freedom for citizens.
- Advantages in Oligarchy are great decision making by experts. Disadvantages are unequal power.Advantages are in Autocracy decisions are made and implemented quickly. Disadvantages are no political freedom or public participation.
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- How does the organazation of a federal system of government impact citizens?
- The division of powers can lead to a complicated system where it's difficult for the citizens to understand which level of government is responsible for what job.
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- What are resources and what can happen when there are not enough resoures to meet peoples intrest?
- I want one of you to answer this question and it has to be someone I haven't heard from
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- I can add onto that and say when resources are not enough it leads to competition!
- Uh I think I can! Resources are materials and services necessary for humans survival!
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- What are resources and what can happen when there are not enough resoures to meet peoples intrest?
- Very good Alyssa and Damien!
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- How are resoures mannaged in diffrent types of economic systems
- In capitalism economy resources are assigned through the free market, prices are determined by supply and demand In socialism resources it based on the needs of the population, In mixed economy the market largely determines resource distribution, but the government intervenes to ensure social welfare. In Command economy the government makes all decisions about the allocation of resources and the production and consumption of goods and services.
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- How are resoures mannaged in diffrent types of economic systems
- Well that's all for today kids! See you tommorow!
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- Thank you for the lesson Mr Shaw!
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