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Political and Economic Systems

Political and Economic Systems

Describe the ideologies of two different political systems. Select two different countries of your choice for a comparison.

  • Do these beliefs affect the Economic System?
  • How does the legal system affect the attractiveness of a country as an investment site and/or market?

 

 

 

 

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A political system is a system of politics and governance while an economic system is basically the economic structure and relations of a state. Different states have different political and economic systems and at the same time differ in structure and relations. Political systems include democratic systems, dictatorial systems as well as communist systems.

            The United States of America believes in and embraces a democratic system. They believe in several ideologies….

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