Politics and Economics: Difference between revisions
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== Types of Political Systems == | == Types of Political Systems == | ||
There are various types of different | There are various types of Political system, each one with its own benifits and downsides. Different system are fit to slove different issues. These systems are not mutually exclusive | ||
{| class="wikitable" | |||
|+Forms of goverment by powersource | |||
!Term | |||
!Defination | |||
!Benifits | |||
!Cons | |||
!Theoratically Ideal Situation | |||
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|Democracy | |||
|Also known as "rule of the majority" or "the rule of the people": Is a form of goverment where citizens under the goverment has the power to directly for policies (known as direct democracy) or vote for representatives from among themselves (know as representatives democracy) | |||
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|Oligarchy | |||
|Also known as "rule of few": Is a form of goverment where power lies withen a few people. These people may be hold these power because of existing ties with nobility, military, welath, education, religion and family ties. | |||
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|Autocracy | |||
|A system of governence where all of the political power is concentrated by one person or a groupe of people. Decision made under autocracy are not subject to external legal challanges. Absoulte monarchy and dictatorships falls under the banner of autocracy. | |||
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|Dictatorship | |||
|A dictatorship is an autocratic system where a singel person or a groupe of person holds power without any checks on their power | |||
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|Monarchy | |||
|There are two major types of monarchy, Absoulte monarchy which is a part of Autocracy: where the sovern faces no restriction on their power via any form of legal mechanisim such as constitutions, legislatures, or any other checks and balances on their power. And the other form of monarchy is Constitutional monarchy where the monarchs power is limited via a formal constitution or a democratic parlament. There is various other types of monarchy | |||
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|Anarchy | |||
|Anarchy is the lack of any goverment | |||
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[[Category:Stubs]] | [[Category:Stubs]] | ||
Revision as of 12:16, 9 May 2025
Activies regarding governance of institution, people and the relationship between them. Most oftent used to describe a goverment of an country, state or community.
Economics is the use and distribution of recourses among institution and people.
Politics and Economics are deeply interdepended and interacting.
Types of Political Systems
There are various types of Political system, each one with its own benifits and downsides. Different system are fit to slove different issues. These systems are not mutually exclusive
| Term | Defination | Benifits | Cons | Theoratically Ideal Situation |
|---|---|---|---|---|
| Democracy | Also known as "rule of the majority" or "the rule of the people": Is a form of goverment where citizens under the goverment has the power to directly for policies (known as direct democracy) or vote for representatives from among themselves (know as representatives democracy) | |||
| Oligarchy | Also known as "rule of few": Is a form of goverment where power lies withen a few people. These people may be hold these power because of existing ties with nobility, military, welath, education, religion and family ties. | |||
| Autocracy | A system of governence where all of the political power is concentrated by one person or a groupe of people. Decision made under autocracy are not subject to external legal challanges. Absoulte monarchy and dictatorships falls under the banner of autocracy. | |||
| Dictatorship | A dictatorship is an autocratic system where a singel person or a groupe of person holds power without any checks on their power | |||
| Monarchy | There are two major types of monarchy, Absoulte monarchy which is a part of Autocracy: where the sovern faces no restriction on their power via any form of legal mechanisim such as constitutions, legislatures, or any other checks and balances on their power. And the other form of monarchy is Constitutional monarchy where the monarchs power is limited via a formal constitution or a democratic parlament. There is various other types of monarchy | |||
| Anarchy | Anarchy is the lack of any goverment |