Forms of Government Communism: A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members. A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people. Democracy: Government by the people, exercised either …
showed first 75 words of 260 total

showed last 75 words of 260 total
…private ownership to the ownership of organized society, to the State. The socialistic State owns all material factors of production and thus directs it. Oligarchy: organized into powerful families, where the children are raised and groomed simply to propagate and advance the power of the oligarchy, usually at the expense of the governed. Oligarchies often arise as a natural course of maturing of a republic, as one family gains supremacy over all of the others.