An attempt is made to introduce the notion of a ''simple dynamical sys
tem'' as one, where Liapunov exponents may be obtained by purely algeb
raic methods, specifically by exploiting the Lie algebra relations bet
ween vector fields. Thus, in a simple system, one need not solve the d
ynamical equations but is often faced with an equally difficult task o
f unravelling the algebraic structure. The theory is presented within
the framework of differential geometry. Several examples illustrate th
e usefulness of the proposed concept.