What is Mixed Economy | Types | Capitalist and Socialist Economy

 Mixed Economy Mixed economy is an economy which combines the element  of both the capitalist and socialist economies. It attempts to combine the best features of both capitalism and socialism while excluding the Demerits of Both.   Two types of Mixed Economy      1. Government does not directly undertake Production activity. This exists in most of the developed countries such as the USA, UK, etc.     2. Where Government not only Regulates the Private Sector, But also Participates in the Production activities.     Features of Mixed Economy Co - existence of Public and Private Sectors. Features of both Capitalism and Socialism. Government regulates and controls the Private Sectors. Price mechanism Profit Motive. Capitalist Economy   In Capitalist  form of economic system the means of Production and Distribution are Privately own,  and Production is guided Largely through Operation of markets.    ...
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What is Political Science | Political System - Meaning, Types

 Political Science

A Political system can be defined as
  • A Complete set of Constitution
  • Interest Group such as Political Parties, Trade Unions, Lobby as well as the relationship Between those institution and norms and rules that Govern their Functions ( Constitutions Election Laws ).

 

 Political System - Meaning

A Political System Consists of the formal and informal Structures which manifest the state's Sovereignty  over a territory and People.
 
  • A state have many Different Political system over time, Political system draw their Policies Through their ideologies.
     
  • Therefore, these ideologies are known as 'Statist'  
  • Political Power is manifested by varied Political System as is apparent from the system  Prevalent in the US, Japan, France, China, Spain, Jordan, these system are Different from one another in many ways, yet they all Share same Commonalities.

Political System - 3 Types

  • Liberal Political System - Open system, which Grant almost Complete autonomy to people. Laws are based on Principles of constitution and Judiciaries are empower to ensure the implementation of laws.  
  • Full Freedom
  • Democracy
     

       Example -  India, US etc.

  •  Authoritarian Political System - Authoritarianism is a form of government characterized by the rejection of political plurality, the use of strong central power to preserve the political status quo, and reductions in the rule of law, separation of powers, and democratic voting.

    • Authoritarian regimes may be either autocratic and may be based upon the rule of a party or the military.
       
    • States that have a blurred boundary between democracy and authoritarianism have some times been characterized as "hybrid democracies", "hybrid regimes" or "competitive authoritarian" states.

  •  Totalitarian Political System - Totalitarianism is a form of government and a political system that prohibits all opposition parties, outlaws individual and group opposition to the state and its claims, and exercises an extremely high degree of control and regulation over public and private life.

    • It is regarded as the most extreme and complete form of authoritarianism.
    • n totalitarian states, political power is often held by autocrats, such as dictators (totalitarian dictatorship) and absolute monarchs, who employ all-encompassing campaigns in which propaganda is broadcast by state-controlled mass media in order to control the citizenry.
       

     

     

     

     

     

     

     

     

     

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