By: Samantha Robertson


A ruling family headed by a king or queen holds political power and may or may not share the power with citizen bodies. Absolute monarchy is a form of government in which the monarch had absolute power among his or her people. Constitutional monarchy is a form of government in which a king or queen acts as head of state.

Decisions for Monarchy

In an absolute monarchy the king/queen makes all the decisions. In a constitutional monarchy the people have a say in what goes but the king/queen has the final say.

Examples for Monarchy

Absolute Monarch- Saudi Arabia

Constitutional Monarch- United Kingdom

Market Economy

production of goods and services is determined by the demand from consumers. also called a demand economy or capitalism.

Decisions for Market Economy

the Market Economy has the people or business controlling the economy.

Example for Market Economy

The United States has a market economy