WORLD WAR II 1941 1945
THE YALTA CONFERENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An economic system based on the private ownership of property, business and industry. In a capitalist state the government has little role to play in the economy.
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A political and economic theory that adheres to the notion of a classless society based on public ownership of most property, business and industry.
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A political philoshophy that government should be chosen by the people through free elections with the participation of an unlimited number of political parties.
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An economic and political ideology that advocates state (government) ownership and control of the means of production. According to socialism, the needs of the community must come before the needs of the individual.
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Detailed explanation-1: -Democracy (From Ancient Greek: , romanized: dēmokratía, dēmos ‘people’ and kratos ‘rule’) is a form of government in which the people have the authority to deliberate and decide legislation ("direct democracy"), or to choose governing officials to do so ("representative democracy").
Detailed explanation-2: -Democracy is a government of the people, by the people and for the people’ is said by Abraham Lincoln. He was the 16th president of the United States.
Detailed explanation-3: -In a democracy, people choose their representatives by the process of election. The elected representatives are sent to run the government.
Detailed explanation-4: -Parties form and run governments 5. Shape public opinions 6. Access to government machinery and welfare schemes. Necessity: We can’t think of democracy without political parties and their roles – Elected representatives are responsible, accountable, and legitimate to the needs of the people.