It was a trigger that showed that there were two competing powers in Europe: Russia and Austria-Hungary (and their allies).
Franz Ferdinand was killed by a Serbian separatist and the Austrians wanted to see him punished. On the other hand, Russia supported Serbia is saying that Austrian demands ( to be allowed to search for the culprit inside Serbia) were too much.
This lead to a direct conflict between the two powers (Austria and Russia) and further lead to the war.
Determines investments/ incomes. it lacks competition and efficiency but includes low levels of inequality and unemployment
Europeans wanted to but more slaves they thought it was the only way to conquer their enemies
Separation of Powers is a principle that is directly reflected in the division of a government into three branches.