1. Introduction to Emerging Markets
Effect of the different types of political systems on the economy leads to command economies or market economies. Political systems can lean towards collectivism or individualism. One characteristic of the political system is the position between democracy and totalitarianism. ... Political systems that are influenced by individualism lean towards free market economies and democracy. Democratic systems, governments will consist of representatives elected by the people, while in authoritarian systems a person or a party will have absolute control over people without opposition. ...
- Word Count: 3134
- Approx Pages: 13
- Has Bibliography
- Grade Level: Undergraduate