1. Classifying Government Monarchy or Republic Ask who makes the rules – a lifelong leader or elected representatives?

2. Monarchy  A monarchy has a king, queen, emperor, empress, etc.  The ruling position can be passed on to the ruler’s heirs.  In some traditional monarchies, the monarch has absolute power.  But a constitutional monarchy has a democratic government that limits the monarch's control.

3. Republic  A republic is a country that has no monarch.  The head of the country is usually an elected president.

4. Classifying Government Democracy or Dictatorship Ask who holds the power -- the people or a small group of leaders?

5. Democracy  In a democracy, the government is elected by the people. Everyone who is eligible to vote has a chance to have his or her say over who runs the country.

6. Dictatorship  A dictatorship is ruled by a single leader. The leader has not been elected and may use force to keep control.  In a military dictatorship, the army is in control.

7. Rule by A Few  Oligarchy - a government by the few, sometimes a government in which a small group exercises control especially for corrupt and selfish purposes (The citizen has a very limited role.) --Communism --Military Dictatorship --Theocracy (People’s Republic of China, Libya, Iran)

8. What is Communism? Communism - a government where people shared work fairly and were paid equally. The word “Communism” comes from the Latin word “Communis” which means common or belonging to all.

9. The Beliefs of Communism The rich get richer. The poor get poorer. People wanted to make everything equal.

10. The Goal of Communism Goal: to get rid of social classes and make everything fair for everyone.

11. Do you agree? Or disagree? Based off of what you know, do you think Communism is a good idea? If yes: explain why If no: what are potential dangers of Communism?

12. Capitalism An economic and political system in which a country's trade and industry are controlled by private owners for profit.

13. Basics of Capitalism: Capitalism is said to promote economic growth and the overall standard of living. In other words, capitalism creates CAPITAL (money) …and lots of it.

14. Basics of Capitalism: Buyers (people) influence the market through their demand and ability to purchase goods and services. There is very little government intervention. Producers (businesses) are motivated by profit (money) and therefore create whatever goods people will buy. In other words, the businesses run the economy, the government stays out of it!

15. Do you agree? Or disagree? Based off of what you know, do you think Capitalism is a good idea? If yes: explain why If no: what are potential dangers of Capitalism?

16. Problems with Communism: Lack of individuality Lack of choice Equal treatment for all, even if you work harder than all the rest

17. Problems with Capitalism: There is a growing gap between the rich and the poor. The rich get richer and the people who work for them remain poor.

18. So what is the best solution? Do you believe that Communism or Capitalism is a better economic system? “Yes” = Capitalism “No” = Communism Be sure to you specific reasons to support your answer.