some quick definitions:
Socialistic: The economic system where the government controls major industry and the means of production but there is still an ability to own your own business. This is characterized with a large welfare system.
Capitalistic: The economic system where all business are free, but subject to some degree of regulation. This is characterized by a small to medium sized welfare system.
Laissez Faire: An economic system where the government stays out of the economy, with no welfare system.
Communist will not be included because it has never been seen, and is nearly impossible to use with humans.
Republic: The idea that people will elect officials to run the government for them for a certain length of time.
Democracy: The idea that people will vote on every measure.
Oligarchy: The idea that a certain class will control the government.
Dictatorship: The idea where one man will run the government, this includes show democracies like Saddam's Iraq.
Absolute Monarchy: The idea where one man will run the government based on his blood line. Includes enlightened monarchy.
Elected Monarchy: The idea where one man will run the government based on his blood line, but the person chosen from the bloodline will be elected.
Constitutional Monarchy: The idea where a monarch will rule a country, but his powers will be limited by a parliament.
I think I got every type of government here. Choose one economic system and one one governmental system.
I prefer to live in a Capitilistic Republic.





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