posted on Jul, 12 2012 @ 10:24 AM
Ok first I want to put a couple of definitions. These are all on wikipedia, so please go read stuff on your own.
A Socialism is an economic system characterized by social ownership and/or control of the means of production and cooperative management of
the economy, and a political philosophy advocating such a system. "Social ownership" may refer to any one of, or a combination of, the
following: cooperative enterprises, common ownership, direct public ownership or autonomous state enterprises. There are many varieties of socialism
and there is no single definition encapsulating all of them. They differ in the type of social ownership they advocate, the degree to which they
rely on markets versus planning, how management is to be organised within economic enterprises, and the role of the state in constructing
B Communism is a revolutionary socialist movement to create a classless, moneyless, and stateless social order structured upon common ownership
of the means of production, as well as a social, political and economic ideology that aims at the establishment of this social order. This movement,
in its Marxist-Leninist interpretations, significantly influenced the history of the 20th century, which saw intense rivalry between the "socialist
world" (socialist states ruled by communist parties) and the "western world" (countries with market economies).
C Capitalism is an economic system that is based on private ownership of the means of production and the creation of goods or services for
profit. Competitive markets, wage labor, capital accumulation, voluntary exchange, and personal finance are also considered capitalistic. There are
multiple variants of capitalism, including laissez-faire, mixed economies, and state capitalism. Capitalism is considered to have applied in a variety
of historical cases, varying in time, geography, politics, and culture. There is general agreement that capitalism became dominant in the Western
world following the demise of feudalism.
D Democracy is a political system based upon the concept of "rule by the people", as referring to people categorized as citizens of a
society, who have been designated the right to hold some form of political power (though not necessarily sovereignty), generally through the form of a
majoritarian vote. Two major types of democracy are direct democracy and representative democracy.
E Government consists of the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given
time, and the system by which they are organized. Government is the means by which state policy is enforced, as well as the mechanism for determining
the policy of the state. A form of government, or form of state governance, refers to the set of political institutions by which a government of a
state is organized. Synonyms include "regime type" and "system of government".
F Economy consists of the economic systems of a country or other area; the labor, capital and land resources; and the manufacturing,
production, trade, distribution, and consumption of goods and services of that area.
Everyone educated? Good now a quick quiz.
1) Where in capitalism does the words social or government get mentioned?
2) Which from the list above are forms of government?
3) Which from the list above are economic systems?
4) How are socialism and communism related?
5) How are democracy and capitalism related?
6) What countries of the Earth use communism as a form of government?
7) What countries of the Earth use democracy as a form of government?
8) What is the declaration of independence? Why was it made?
9) What is the constitution of the United States of America? The bill of rights?
Final super duper bonus question:
10) What form of government does the United States of America use? What economic model?
Scores will be tallied and the winner will receive +1 internets.