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government definition
a system that rules & manages a group of ppl by making/enforcing laws, providing order & security, and meeting the ppl’s common needs
what does a gov do?
makes & enforces laws, protects ppl, manages money, represents the ppl, provides services
socialism definition
gov owns many large industries & is very involved in plps lives
provides them with education, healthcare, welfare, etc while allowing private citizens to own other businesses
socialism advantages
balance between wealth & earnings
equal access to healthcare & education
breaks down social barriers
socialism disadvantages
bureaucracy hampers the delivery of services
ppl are unmotivated to develop entrepreneurial skills
gov has too much control
communism definition
political & economic theory where gov owns all businesses & gives out all of society’s resources equally
communism advantages
embodies equality
healthcare, employment, education is accessible to all
no monopolies
communism disadvantages
hampers personal growth (promotes greed, laziness)
gov has power to dictate & run ppl’s lives
no financial freedom
dictatorship definition
rule by a single leader who was not elected, may use force to keep control
dictatorship advantages
power centralized in a single person (efficient)
complete control of the military & police → can put an end to political unrest & maintain peace & order
dictatorship disadvantages
dictators can abuse citizens who opposed his rule
citizens may demand that the dictator return control to elected officials → lead to riots or civil war
theocracy definition
rulers claim to be ruling on behalfof a set of religious ideas, or as direct agents of a deity
theocracy advantages
single state-supported religion encourages social & political unity
ensures that leaders make their decisions in line w/ citizens’ values & beliefs
theocracy disadvantages
making sure everyone follows 1 religion is hard
citizens who don’t believe in the majority’s religion can have their rights abused
constitutional monarchy definition
where a parliament (elected officials) & the monarch (head of state) rule together under the law
constitutional monarchy advantages
there’s continuity where the monarch has to limited term
history, culture, & tradition are preserved
balance of power
constitutional monarchy disadvantages
progression is more difficult w/ tradition & customs
monarch can’t be removed
promotes class privilege
oligarchy definition
an elite group rules in their own interests, esp the accumulation of wealth & privilege
oligarchy advantages
rapid decisions
women are more likely to ascend to power
debate still exists
oligarchy disadvantages
no change to status quo
free speech falls to wayside
middle class is squeezed out
democracy definition
gov is elected by the ppl, everyone who can vote has a say
democracy advantages
open for change
offers representation
promotes equality
ppl can get involved & voice issues
democracy disadvantages
opportunity for corruption
can lead to wrong leadership choices
favors the majority
republic definition
led by representatives of voters; each is individually chosen for a set period of time
republic advantages
elected representatives
power of voting
individualism
republic disadvantages
potential for inefficiency
risk of unaccountable representatives
fascism definition
strong centralized gov w/ stringent social & economic control often led by acharismatic dictator & categorized by fervent patriotism
fascism advantages
prioritizes welfare of the country
promotes socioeconomic equality
speeds up decision making
improves peace & order
fascism disadvantages
leads to power abuse
prevents freedom of speech
widen the divide between rich & poor
abuses certain groups of ppl
feudalism definition
peasants & vassals serve a powerful Lord who protects them & takes care of their economic needs
feudalism advantages
stability of infrastructure w/ goods & services
organized system of protection
awesome if you’re a lord
feudalism disadvantages
divides rich & poor
serfs forfeited rights & paid heavy taxes to keep their house
no independence
capitalism definition
free-market economy where ppl own their own businesses & must buy services for private use, such as healthcare
capitalism advantages
the dominant economic system in developed countries
some tenants of capitalism are cornerstones of representative democracy
linked with economic growth
capitalism disadvantages
focused on profit
emphasizes consumption
limits gov in enforcing fair play rule