Politics

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Ideologies

от José Luis

Dreams and Nightmares

от Anna Doan

History Of Technology

от Noor Abdalameer

Utopia

от Richard Song

Economics

Economic Liberalism

Switzerland and Ireland were considered considered "free" in 2021

Extensive social protection

Market Inconsistency

Stable economy

Eliminates slavery

Political and economic ideology based on strong support for a market economy based on individual lines and private property in the means of production.

Mercantile System

France and Spain took part from 16th to the 18th century

It creates high levels of resentment.

There is always a risk of local raw materials and resources running out

It naturally reduces unemployment rates.

It encourages trade deficits for foreign nations.

Governments used their economies to augment state power at the expense of other countries.

Colonialism

Dutch, German and French settlers were examples

Heavy Taxation Imposition

Caused Constant Wars and Conflict

Restoration of Women’s Right

Improved Health and Care System

The policy or practice of acquiring full or partial political control over another country

Command

East Germany and North Korea are examples

It slows down innovative developments.

It restricts freedom

It streamlines the society and government

It boosts industrial power

Production, investment, prices, and incomes are determined centrally by a government.

Mixed

United Kingdom and Sweden are examples

Excessive Intervention by the Government

Limited Corporate Size

Equal Distribution of Control

Freedom for Private Enterprise to Thrive On Their Own

The combination of Free Market and Command economy

Free Market

Hong Kong and New Zealand are examples

Market failures

Dangers of Profit Motive

Freedom to innovate

Absence of Red Tape

Country without government intervention or regulation

Politics

socialism

Bangladesh and Guyana are examples

Welfare state can create disincentives to work

Higher tax reduces incentives to invest and work

More equal society

Reduced poverty

a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government

Fascism

Hitler took part in fascism

Negative impact on economy

Limited freedom of speech and human rights

Straightforward decision making process

Improved welfare

System headed by a dictator in which the government controls business and labor and opposition is not permitted

Monarchy

Denmark and Saudi Arabia are examples

Unparalleled Power of the Monarch

Lack of diversity in Government

Increases Government savings

Faster decision making process

There is a Queen or a King controlling the state

Democracy

United States and Nigeria are examples

politicians lie to get votes

corruption issues

Participation in elections

Empowerment of people

Government by the people

Communism

China, Cuba and Laos are examples

Difficult to gain wealth

Currency issues

Avoid corporate monopolies

Lower unemployment rate

Everything is communally owned without economic classes

Dictatorship

South Korea and Laos are examples

Ruling by fear is a common action within

Nation becomes isolated

Cons

Take the lead on innovation

Provide effective responses during emergency situations

Pros

Form of government in which one person or a small group possesses absolute power without effective constitutional limitations