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Political/Economic Systems Introductory Notes: Animal Farm.

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Presentation on theme: "Political/Economic Systems Introductory Notes: Animal Farm."— Presentation transcript:

1 Political/Economic Systems Introductory Notes: Animal Farm

2 Totalitarianism form of government in which the ruler is an absolute ruler, not restricted by a constitution, laws or opposition political system where the state has total authority over society and tries to control all aspects of public and private life Synonym: dictatorship EX: When I gave out candy the first time, giving it only to those who are closest to me, then giving and taking as I saw fit, our class had a totalitarian government.

3 What are the problems with a totalitarian government? ------------------------------------------------------------------------------- *Hint* Think about what went wrong when I was a totalitarian leader.

4 Capitalism an economic system based on private ownership of the production and the creation of goods or services for profit Offers opportunity for changing one’s economic status, but does create a class system EX: When I gave candy to those who were lucky enough to sit near me or worked very hard, this was a capitalist classroom. Rewards were detirmined by work ethic and social class.

5 What are the problems with a capitalist economy? ------------------------------------------------------------------------------- *Hint* Think about what went wrong when I gave out candy for the second time. What issues arose?

6 Socialism an economic system characterized by co- ownership of the means of production and co-operative management of the economy Key Features: equal distribution of wealth and goods regardless personal contribution, a “class-less” system EX: When I gave one piece of candy to everyone, regardless of work ethic or seat placement, we had a socialist classroom.

7 What are the problems with a socialist economy? ------------------------------------------------------------------------------- *Hint* Think about what went wrong when I gave everyone a single piece of candy. What issues arose?

8 Journal Writing Write 5-8 sentences about what type of economic structure the U.S. has. How did you come to this decision? Support your argument with information from our notes.


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