command economy. just finished my quiz on apex. :)
Socialism
The President is both the head of state and the head of government (i.e. United States, most countries in the Western Hemisphere). This is as opposed to a parliamentary system where the head of state is a President or monarch and the head of government is the Prime Minister (Britain, ex-European colonies).
Almost: an oligarchy is a type of government controlled by a small group of very wealthy individuals who control the political process. Control of a government by military means is called a military dictatorship, while control of a government due to social position is now obsolete (think of the French nobles in the late1700's).
Oligarchy's A group of very rich people controlling the government and the fate of the people by finances
checks and balances
A command economy :)
Capitalism
A market system where there is a mix between free market (without regulation and laws, prices are determined by the market forces) and controlled market( with government restrictions).
it means a government controlled by members of wealthy, privileged families.
the government
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
When the government controls the land and all the other means of production it is known as Communism. Communism is the system of in which all social and economical activities are controlled by a totalitarian state that is dominated by a single, self-perpetrating political party.
Socialism is when ownership of production and distribution is controlled collectively or by the government. The opposite of socialism is capitalism.
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
A quasi federal system means a government which is designed to work as a Federal government in normal circumstances and as an unitary government in an emergency.
This commonly called a protectorate. It also means that the controlling nation uses its resources and army to defend the controlled nation.Some countries who have their foreign policies controlled by an outside government are Iraq and Afghanistan. These are sometimes referred to as slave nations.
command