An economic system is an organized way in which a state or nation allocates its resources and apportions goods and services in the national community. There are three types of economic systems namely the mixed economic system‚ free market system and the planned/command system. This paper aims to explain what a planned economic system is‚ the characteristics of the system and how resources are allocated within the system. A planned economy is an economic system in which factors of production are
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The Russian legal system is operated as a civil law system meaning they follow the law based on written codes. Russian Civil Code is the primary source of civil law and the civil code spells out certain basic principles. Under Russian Law‚ foreign individuals and companies enjoy the same rights to sue and be sued in Russian Courts as Russian natives and companies. The court system is divided into three separate parts: 1. The Constitutional Court of the Russian Federation which focuses on ensuring
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AMERICAN LEGAL SYSTEM The US legal system has several layers‚ more possibly than in most other countries. The Constitution is the main power of the US legal system. It was adopted in 1787‚ and ratified in 1788. The Constitution sets strict boundaries between federal and state law and also divides legal system into 3 branches of government: legislative‚ executive‚ and judicial branches. It creates a “separation of powers” between each branch and creates system of “checks-and-balances” to prevent
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The US Political System In 2012 election there were 243‚155 total ballots were mailed out in Clark County and only 194‚306 ballots were received back. Many young people do not know the specifics of the law that govern voting in their own jurisdiction. Many people don’t take the time to get to know our political system down to the core. What knowledge and skills must a citizen know to be apart of our political system? Things one must know and be educated on are‚ knowing the difference between the major
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V The United States of America-the New Lands The United States of America is a federal republic made up of fifty states and the District of Columbia. Its 9‚529‚063 square kilometers- nearly forty times the size of the United Kingdom- make it the fourth largest country in the world. In the east it is bordered by the Atlantic Ocean and in the west by the Pacific Ocean; approximately 4‚500 km of immensely varied land separate the east coast from the west coast. If you travel from east to west you cross
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All You Need to Know About Iran CHAPTER IV Iran’s Political System: Iran’s political structure is a republic‚ but it is different from other similar political systems. It could be referred to as being a mixture of theocracy and democracy. As we saw on the previous chapter‚ when going over Islam’s history‚ Islam experienced the Islamic Revolution in 1979. Therefore the politic al system of Iran‚ which was established after this event‚ was defined by the ideas of the revolution. Iran’s government
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Indian Legal System The Indian Legal System is one of the oldest legal systems in the entire history of the world. It has altered as well as developed over the past few centuries to absorb inferences from the legal systems across the world. The Constitution of India is the fountainhead of the Indian Legal System. It demonstrates the Anglo-Saxon character of judiciary which is basically drawn from the British Legal System. The primary origins of law: * The Indian Constitution * The Indian
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By political system we mean the system of government in a nation (Hill‚ 2007). Supposedly‚ Vietnam’s reform approach based on history above followed “step-by-step” migration to more market based mechanisms of political‚ legal and economic environment rather than quick “big bang” changes (Herold‚ 2004). Initially‚ the persistent division among the political among the political elite has so far prevented the leadership from clear direction and objective setting (Herold‚ 2004). A key feature of state
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The Australian Legal System Introduction All countries are a reflection of their histories and this is very much the case with governmental structures and the associated legal system. The Australian legal system is based on a fundamental belief in the rule of law‚ justice and the independence of the judiciary. All people—Australians and non-Australians alike—are treated equally before the law and safeguards exist to ensure that people are not treated arbitrarily or unfairly by governments or
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International Journal of Legal Information the Official Journal of the International Association of Law Libraries Volume 36 Issue 2 Summer 2008 - Global Challenges & the Indian Legal System 3-2-2009 Article 8 The Indian Legal System B. N. Srikrishna Chairman of the Sixth Pay Commission of the Government of India Follow this and additional works at: http://scholarship.law.cornell.edu/ijli The International Journal of Legal Information is produced by The International Association of Law Libraries
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