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What the economic system vs political system?

What the Economic system v. political system


What is the Nigerian political economic system?

I believe it is better to say 'politico-economic system', as a single wording or separately as 'political and economic systems'. They both mean thesame thing, and infer that there is a strong interchange between the political system (with institutions & Politicians as actors) and the economic system (with corporations & businessmen as actors). In this situation, those who have political powers control the economic system, and those who have economic power influences or control the political system.


Policy of treating political jobs as rewards for loyalty?

Spoils System


Who is given the political jobs in the spoils system?

Party Loyalty -Brey


The free enterprise system is an economic system not a political system?

true


Is the free enterprise system is an economic system not a political system?

True


Is socialism a core political ideal?

No, socialism is an economic system with specific economic models. It is not as much a political ideal as it is an economic system intended to lead to certain social outcomes.


What were the three Fs of the fedual system?

The three Fs of the feudal system were "fiefs" (land granted by a lord in exchange for loyalty and service), "fealty" (the allegiance sworn by a vassal to a lord), and "feudalism" (the social, economic, and political system based on land ownership and the exchange of land for service).


What is the economic system of the US called?

The economic system of the US is called Capitalism.


Why is feudalism called a politico-socio-economic system?

Feudalism pervaded all forms of life in the middle ages. There was a ruling class ( political/social) that controlled the economic system. The peasant and serf classes who did the labor for the ruling class were kept that way through taxes ( economic) and the inability to move out of that class to a upper class ( social/political/economic).


What is the Political and economic system of the middle ages?

Feudalism


What are types of economic system?

Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system