Advantages and Disadvantages of Federalism System of Government A Federal System of Government or Federal State is one in which there is constitutional division of powers among different levels or three tiers of government (federal, state/region, local governments). In a federal system, the federal or central authority represents the whole and...

Capitalism is an economic system in which the means of production and distribution are mainly owned and controlled by private individuals and firms. The primary aim of any economic activity in a capitalist state is to make profit.