Social and Systemic Typologies in the Lower Right Quadrant

Capitalist Economy: An economic system in which private individuals or businesses own capital goods and the production of goods and services is based on supply and demand.

Socialist Economy: The means of production are owned and controlled by the state, and wealth is divided among citizens equally or according to individual need.

Mixed Economy: A system combining private and public enterprise.

Democracy: A system of government by the whole population or all the eligible members of a state, typically through elected representatives.

Monarchy: A form of government with a monarch at the head.

Dictatorship: A form of government where a country or a group of countries is ruled by one person or political entity, and exercised through various mechanisms to ensure the entity's power remains strong.

Information Technology: Pertains to the development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data.

Green Technology: Also known as clean technology, this refers to the use of technology and science to create products and services that are environmentally friendly.

Biotechnology: This technology uses biological systems, living organisms or derivatives thereof, to develop or create different products.

Capitalist Economy: Emphasizes freedom of choice and individual incentive.

Socialist Economy: Emphasizes equal wealth distribution and state control of industry.

Mixed Economy: Balances the benefits of both private enterprise and state control.

Democracy: Emphasizes the power of the majority and the importance of individual rights.

Monarchy: Power is typically inherited and the monarch's power may vary from purely symbolic to absolute.

Dictatorship: Power is concentrated in the hands of a single ruler or small group, and there is little or no control or oversight by the people.

Information Technology: Its key characteristics include data management, networking, engineering computer hardware, database and software design, as well as the management and administration of entire systems.

Green Technology: Key characteristics include sustainability, sourcing of renewable materials, decreased emissions and minimal impact on the environment.

Biotechnology: It involves the use of living organisms in engineering, technology, medicine and other fields requiring bio-products.