Warm-up Government types

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Presentation transcript:

Warm-up Government types Copy down and Define six (6) of the words in the visual to the right. What do these words have to do with the study of History?

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Democracy The people vote for laws (majority rules)

Republic The people vote for leaders; and these leaders vote on the laws

Dictatorship One leader with ALL the power.

Monarchy A king or queen has the power, usually “divine”

Oligarchy A government that is ruled by a group of people

Plutocracy A government controlled by a group of wealthy elites

theocracy A government that is based upon religion

Anarchy An absence of leadership and / or government

TYPES OF ECONOMIES Think- complete the visual vocab for each term as we go through. Pair- Share, compare and discuss definitions with your partner. Make changes if needed. Share- As a class we will discuss the term and give examples.

Capitalism (Market or Free Market) Little to no regulation and private owned businesses

Communism (Command) The government controls the economy and owns all businesses

Mercantilism Money = Power. (Everything is about making the nation wealthy and powerful)

Laissez-faire French for “HANDS OFF!” (No government involvement)

Barter System No money, just trading of goods and services