_L03b_KeyTermsConcepts.pdf - by George Orwell A imal Farm DEFINITION An economic and political system in which a country\u2019s trade and industry are

_L03b_KeyTermsConcepts.pdf - by George Orwell A imal Farm...

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Unformatted text preview: by George Orwell A imal Farm DEFINITION An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state. An economic system characterized by social ownership of the means of production and co-operative management of the economy. “Social ownership” may refer to cooperative enterprises, common ownership, state ownership, citizen ownership of equity, or any combination of these. A political and economic system that aims to replace private property and a profit-based economy with public ownership and communal control of (at least) the major means of production (e.g., mines, mills, and factories) and the natural resources of a society. An extreme form of socialism. A system of government by a tsar (emperor), in Russia until 1917. The tsar has absolute power and authority, including over religious issues. A political system in which the state (a single party) holds total authority over the society and seeks to control all aspects of public and private life wherever possible, often through restriction, mass surveillance & terrorism. A dictatorship is defined as an autocratic or authoritarian form of government in which a government is ruled by an individual. The dictator has total power, and has often obtained this position through force. Democracy is a form of government in which all eligible citizens participate equally – either directly or through elected representatives – in the proposal, development, and creation of laws. It encompasses social, economic and cultural elements of a society. SYSTEM Capitalism Socialism Communism Tsarism (often Czarism) Totalitarianism Dictatorship Democracy their behalf every single day. © STACEY LLOYD 2018 representatives at various levels of government who make decisions on Many Americans don’t give a lot of thought to the large number of East Asia and other countries. appeared after World War II in Central Europe, Eastern Europe, Kim dynasty's North Korea and other Communist dictatorship that were not in alignment with the goals of the state. took over the country and began executing any people who In the Soviet Union, after the conclusion of Civil War, Stalin He was a horrible emperor of Russia People that mine and factories natural resources of a society. lacking a stock exchange, supporting many social programs, and the economy is state-run. The country of North Korea is a socialist state, Some others are capitalist and governed by monarchs, oligarchs, or despots. EXAMPLE (describe in as much detail as possible) Before we can understand the Russian revolution, we need to clarify some key terms and political systems. Key Terms & Political Concepts Historical / Cultural Context of ...
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