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What is a Market Economy, and How Does It Compare to a Planned Economy?

Stock market figures

A market economy is one in which the laws of supply and demand direct the production and prices of goods and services, with little or no government interference. Absent a market economy, government’s can find themselves in a position to control industry, fix prices and rents, or own land.

What Is Pluralism?

Photo a group of young people

Pluralism is the idea that people of different cultures can coexist in society even though they have different political opinions. Pluralists believe that society benefits from various people with different beliefs equally participating in the same society.

How Does Democracy Protect Minority Rights?

Statue of Martin Luther King

In a democracy, whether you lose in a political debate or an election, or belong to a minority group due to ethnic background, geographic location, religious belief, gender preference, civil status, educational experience, or socioeconomic level — you are guaranteed fundamental human rights. No one — not any person, government, nor the majority — can remove these rights from you. This is called the Majority Rule, Minority Rights Principle, which holds the twin pillars of democracy.

What Is a Parliamentary System?

The European Parliament

One thing that makes the United States government different from most governments in Europe is the lack of a parliamentary system. What is a parliamentary government, and how is it different from the American one? Does the United States gain anything by not using a parliamentary system?

What Is a Presidential Republic?

Theodore Roosevelt speaking at the Capitol

A presidential system can be defined as a democratic and republican pattern of government in which the executive and legislative branches are separated. President is the title given to the person who serves as the head of state and the executive branch of the government.

What Is an Impartial Jury?

Photo of jury seating area

An impartial jury is a jury that will consider a case fairly, without favoring or discriminating against anyone. The jury must be willing to look at the evidence open-mindedly.