Types of Government

1. Monarchy
2. Dictatorship
3. Democracy

Absolute Monarchy

Examples: Kings and queens, emperors and czars. sultans and pharaohs. whatever the title is it usually belongs to just one family.

• King/Queen has unlimited power
• Power is hereditary: passed down family tree
• No guarantees of individual freedoms

Constitutional Monarchies

Serve more as representations of their nations ideal characteristics.They usually preside over countries with basically democratic goverments.

• Limits to govt. power
• King or Queen has no real power
• Power belongs to elected officials

Dictatorship

A dictator is just like an absolute monarch he/she has total control over his/her Nation.No law can be passed without the dictator approving it.

• Absolute power: unlimited power
• Takes power by force

Presidential Democracy

A goverment official that is decided by the people and then rules over the State,country. The three legislative branches.

Example: Obama

Parliamentary Democracy

In the United kingdom, France, India, Canada, Israel, and Australia the citizens elect representatives to the parliament. These people are expected to represent the best interests of the people.

The citizens elect representatives to the parliament once elected. parliament elect a chief executive and cabinet to run the goverment.

Market Economy

an economic system that is controlled not by the government but by privately owned businesses

• Profit
• Shares of Stocks
• Competition
• Supply and Demand

Command Economy

Controlled by the government.The government owns the means of production, which includes everthing people use to produce wealth.Businesses are owned by the goverment, the goverment makes all the economic desisions.

• Socialism
• Communism

Mixed Economies

In reality, now country today has an economy that is solely a market economy or solely a command economy. Almost all economies are mixed exonomies that have features of both a market economy and a command economy.

Examples: United States and Sweden