Category Archive for: Political Economic Institutions


MANIFEST AND LATENT FUNCTIONS Manifest Functions The manifest functions of all three systems communist, fascist, and mixed economy-are to maintain order, achieve consensus, and maximize economic production. No society IS completely successful in any of these functions. The totalitarian communist or fascist societies seem most”successful in maintaining order, at least temporarily, while the mixed economics have the best record in allowing political liberty, and…

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Fascism, Communism, and Mixed Economies Compared

Fascism, Communism, and Mixed Economies Compared All three of these governmental-economic systems attempt to increase productivity. The. mixed economies permit more individual initiative, while communism and fascism limit individual freedom sharply and depend upon centralized government agencies for planning economic goals and activities. Insofar as they are industrialized, they tend to reduce the extremes of wealth and poverty. Yet in all three types of societies,…

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Politico Economic Systems of Developing Countries

Politico Economic Systems of Developing Countries At the time of this writing, 1983, no countries ‘had governments which deadly fitted the fascist model, but there are a number of dictatorships. with many similarities, mostly in developing countries. These are one-party ,states ruled either an army general or by a politician with military support. Rather than a strident nationalism, .their basis for support…

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Fascist Societies

Fascist Societies A fascist society is ruled by a one-patty dictatorship organized by a charismatic leader. The people have practically no voice in governmental affairs and find their satisfaction’ if) the “glorious strength of the nation. Military power and conquest were major features of Hitler’s Germany and Mussolini’s Italy, but Franco’s Spain and Peron’s without military expansionism: In 1982, a Argentine government…

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Communist Societies

Communist Societies The term “democratic=is used in communist societies to describe a system in which people. have no effective means of control but in which a one-party dictatorship claims to rule in their behalf. Overall coordination of the economy, including. the level of prices and wages and the kind of goods produced, is determined by central planning agencies. Agriculture is often organized in…

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POLITICAL ECONOMIC INSTITUTIONAL PATTERNS Three different types of modern governmental economic systems have emerged, each of which organizes economic activity differently. Mixed Economies No completely “capitalist” societies exist to day. The so-called, capitalist societies are “mixed” societies in which private property, private enterprise, and the, profit system are. combined with considerable government intervention and direction. In. the allegedly capitalist society of the…

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DEVELOPMENT OF POLITICAL ECONOMIC INSTITUTIONS When humans lived by gathering nuts and herbs, there was little need for either trade or government. The extended’ family was sufficient to organize their activities. Each society developed institutionalized ways of meeting needs for food, clothing, housing, and whatever else it needed. Food sharing, for example, was an institutionalized practice  in many simple societies, especially if…

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Political Economic Institutions

Political Economic Institutions As the above quotation points· out, there is no such thing as “pure” economics or “pure” political science. Every governmental action has economic’ effects, and every economic problem has political implications. Governmental and economic institutions are 59 closely intertwined that it. seems most practical to look at them together.

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