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Economic Systems. How many basic types of economic systems are there? Name the economic systems. Which economic system do most textbooks say is the most.

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Presentation on theme: "Economic Systems. How many basic types of economic systems are there? Name the economic systems. Which economic system do most textbooks say is the most."— Presentation transcript:

1 Economic Systems

2 How many basic types of economic systems are there? Name the economic systems. Which economic system do most textbooks say is the most common throughout the world? Economics

3 How many basic types of economic systems are there? 3 Name the economic systems. Traditional, Command, Market Which economic system do most textbooks say is the most common throughout the world? Mixed. The GCEE states that mixed is not an economic system but rather a blending of two different types of systems. Economics

4 Pure Market Pure Command

5 Economic Systems Pure Market Pure Command Russia 51% Germany 71% United Kingdom 79%

6 Economic Systems Pure Market Pure Command Cuba 28% Brazil 57% Canada 81%

7 Economic Systems Pure Market Pure Command Australia 83%

8 Economic Systems Pure Market Pure Command Cuba 28% Brazil 57% Canada 81% Russia 51%


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