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Commerce Study Notes Year 9

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Commerce Study Notes Year 9
Commerce
Law and Society
Laws:
* A rule that governs the way you live, with minimal standards. * Protects people and keeps peace. * Have freedoms, resolve disputes, protection.

Anarchy: Without order.
Mediation: a third person that ultimately decides, outside of court * * Registered person. * Two parties and mediator. * A compromise is made. * Mediations cheaper and voluntary.

Matrimonial: property of marriage, everything is shared * * Matrimonial assets. * Court considers contributions of parties. * Child is child of marriage

Government in Australia * Governments make laws to control us. They set up systems to enforce laws. * Governments set up courts to decide upon breaches of laws. Jury decides whether the person is guilty or not, the judge decides the punishment
Democracy: Demo=People, Cracy=State * People elected by the people under a free voting system. All have equal rights. * Provides laws and order, controls economic problems, and protects people / environment.
Types of Governments * Communism: No private ownership. Government owns everything and provides the needs/ wants of the people. E.G. China, North Korea. * Monarchy: The Monarch (king, queen, emperor, empress, sultan) E.G. Kuwait, Saudi Arabia. * Constitutional Monarchy: Powers of the monarch reduced by laws. Governor General represents the Monarch. E.G. Australia operates as a democracy. * Anarchy: Government has broken down. No laws or authority. * Socialism: Ownership of all production (farms and factories) controlled by the people. Government puts responsibility on people. E.G. Sweden * Federation: Involves Federal, State and local governments.

Federal Government Issues * Customs * Currency * Defence * Immigration/ emigration. * Aboriginal affairs. * Foreign affairs * Social security (makes people feel more secure) * Marriage/ divorce.

The Australian Federal government is based on a

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