1 / 10

CHAPTER 13 The Economy and Politics

CHAPTER 13 The Economy and Politics. Section 1: The Economic Institution Section 2: The Political Institution. Section 1: The Economic Institution. Objectives:. Compare and contrast the characteristics of the capitalist and the social economic systems.

louis-davidson
Télécharger la présentation

CHAPTER 13 The Economy and Politics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CHAPTER 13The Economy and Politics Section 1: The Economic Institution Section 2: The Political Institution

  2. Section 1: The Economic Institution Objectives: • Compare and contrast the characteristics of the capitalist and the social economic systems. • Discuss developments that have transformed the American economic system.

  3. Section 1: The Economic Institution Economic Models of Capitalism and Socialism CAPITALISM: • Factors of production are owned by individuals • Forces of profit and competition regulate economic activity • Minimal government interference

  4. Section 1: The Economic Institution Economic Models of Capitalism and Socialism (continued) SOCIALISM: • Factors of production are owned by the government • Economic activity regulated by the government • Pure form is communism

  5. Section 1: The Economic Institution Economic Models of Capitalism and Socialism (continued) BOTH: • Exist in industrial and postindustrial societies • “Pure” forms are ideal types

  6. Section 1: The Economic Institution The American Economy • Rise of Corporate Capitalism – has changed the relationship between business ownership and control • Economic Globalization– many of the large corporations are also multinational • The Changing Nature of Work – shift from an industrial base to a service base due, in part, to technology • E-Commerce– business conducted over the internet, which is based on information

  7. Section 2: The Political Institution Objectives: • Explain how the exercise of power varies by type of government • Describe the major characteristics of the U.S. political system.

  8. Section 2: The Political Institution The Exercise Of Power • Traditional authority – power that is based on long-standing custom • Rational-Legal – based on formal rules and regulations • Charismatic – based on a leader’s charisma

  9. Section 2: The Political Institution The U.S. Political System • Dominated by two major political parties – Democratsand Republicans • Includes interest groups and PACs, which help groups with minority views influence government decisions • Has proportional representation, but debate exists over who holds power

  10. Section 2: The Political Institution The U.S. Political System (continued) • Consists of three branches of the government – the executive, legislative, and judicial • Includes public participation, although voter participation varies and is relatively low overall

More Related