1. 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?

2. Governments and Economies Think/Pair/Share Activity
Intro to History 1-5
Governments and Economies
Think/Pair/Share Activity

3. Democracy
The people vote for laws (majority rules)

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

5. Dictatorship
One leader with ALL the power.

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

7. Oligarchy
A government that is ruled by a group of people

8. Plutocracy
A government controlled by a group of wealthy elites

9. theocracy
A government that is based upon religion

10. Anarchy
An absence of leadership and / or government

11. 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.

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

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

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

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

16. Barter System
No money, just trading of goods and services