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SS1: GOVERNMENT - 1ST TERM

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  1. Meaning, Features, Functions, Branches & Why We Study Government | Week 1
    3 Topics
    |
    1 Quiz
  2. State; Meaning & Features, Nation, Society, Features of Society | Week 2
    3 Topics
    |
    1 Quiz
  3. Basic Concepts of Government - Power and Authority | Week 3
    4 Topics
    |
    1 Quiz
  4. Basic Concepts of Government Continues: Political Culture, Political Socialization and Legitimacy | Week 4
    7 Topics
    |
    1 Quiz
  5. Basic Concepts of Government Continues: Communalism, Socialism and Communism | Week 5
    6 Topics
    |
    1 Quiz
  6. Basic Concepts of Government Continues: Capitalism, Aristocracy, Oligarchy, Nazism etc | Week 6
    6 Topics
    |
    1 Quiz
  7. Basic Concepts of Government Continues: Fascism, Feudalism and Totalitarianism | Week 7
    4 Topics
    |
    1 Quiz
  8. Basic Concepts of Government Continues: Democracy and Sovereignty | Week 8
    4 Topics
    |
    2 Quizzes
  9. Structure and Characteristics of Government; Unitary System of Government, Republicanism | Week 9
    4 Topics
    |
    1 Quiz
  10. Military System of Government and Monarchy Form of Government | Week 10
    6 Topics
    |
    1 Quiz



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Topic Content:

  • Definition of Capitalism
  • Features of Capitalism

What is Capitalism?

Capitalism is a political and economic system in which the means of production, distribution, and exchange are owned and controlled by private individuals and government economic activity is at a minimum level.

Capitalist society is made up of two classes: the bourgeoisie, or business owners, who control the means of production, and the proletariat, or workers, whose labour transforms raw commodities into valuable economic goods.

 

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