Spectrum of Mixed Economics

Slides:



Advertisements
Similar presentations
Capitalism vs. Command Economy. A) Capitalism 1) capitalism- economic system in which production and the means to produce are owned and controlled by.
Advertisements

Types of Economic Systems
Economic Systems.
Types of Economies.
The way a group of people produce and distribute goods and services.
Traditional Economy Closely tied to the environment
What is an Economy? Free Enterprise System Standard 1 Objective 2.
Three Types of Economies. 1. Traditional Economy - economic decisions based traditions/customs - all members work together to support society - societies.
3 Questions.
Economic Systems Civics Mrs. Kozlik Chapter 18 Section 3 CE 11b.
 Each economy has to answer three specific questions  How it answers these questions determines what kind of economy it is going to be.  The three.
Unit 2 Review Economics is the study of _____________, _________________, and ______________ Production, consumption and distribution.
Karl Marx-History is a record of class struggle between the “haves” and “have nots”. The haves control the means of production (key industries). The have-
World Economic Systems
Understand the foundations of democracy Analyze the connections between democracy and the free enterprise system Identify the role of the Internet in.
ECONOMIC SYSTEMS An economic system is an organized way a society provides for the wants and needs of its people, or how a society answers the three basic.
Economic Systems What type of economic system is it? What type of economic system is it? Consider: who owns or controls the factors of production? Consider:
Types of Economic Systems. 3 Types of Economies How many basic types of economic systems are there? Name the economic systems. Which economic system.
ECONOMICS Are those that are NOT ABUNDANT enough for everyone to be able to use all they want or need Studies the manner in which people and societies.
Economic Systems. What is Economics? Basic questions of Economics: 1.What will be produced? 2.Who will produce it? 3.For whom will it be produced?
Economic Systems. Capitalism Free Enterprise Market Economy Definition  An economic system based on private ownership of property and means of distribution.
Economic Systems.
Capitalism and Economic Freedom
Political and Economic Analysis
Economic Systems.
Economic Systems.
Types of Economies.
Read to Learn Describe the three basic economic questions each country must answer to make decisions about using their resources. Contrast the way a.
What is the difference between a good that is a need and a good that is a want? Give an example of each. A good that is a need is necessary for survival,
Introduction to Entrepreneurship
Economic Systems and the American Economy
Unit 1: Foundations of Government
Different Economic Systems
Efficiency & Economic Systems
AN INTRODUCTION TO ECONOMIC SYSTEMS
Major Economic Systems
Economic Systems.
Economic Systems.
Economic Systems Business Management.
Module 14 Lesson 1 Mastery Assignment
Economic systems Analysis Who makes the economic decisions?
Economic Theories Chapter 1 Section 4.
Adam Smith PURE CAPITALISM
Economic Systems.
វិទ្យាស្ថានខ្មែរជំនាន់ថ្មីInstitute of New Khmer
Types of Economic Systems
The Economic Spectrum.
ECONOMIC SYSTEMS Unit 1, part 2
Types of Economic Systems
Basic economic systems Command economy Vs. Free Market Economy
Click here to advance to the next slide.
Characteristics of the basic economic systems
Efficiency & Economic Systems
World Economic Systems

Population, Sovereignty, and Economy
Types of Economies Ms. Deady TEKS 6.9B.
Chapter 3 Economic Environment of Business
Use the descriptions to place your terms on your spectrum.
Why does a country have to develop an economic system?
Economic Systems and Decision Making
Key Economic Questions
Types of Economics.
Every society has an economic system to allocate goods and services.
Economic Systems and the Role of Government
Economic Systems 1-3.
Chapter 2 Economic Systems
Practice EOCT Questions
Top ten things you need to know
Business and the Community
Presentation transcript:

Spectrum of Mixed Economics Communism socialism Capitalism Directed by command Directed by the free market Ownership of Resources Productive resources are privately owned and operated All productive resources are government owned and operated Basic productive resources are government owned and operated the rest privately owned and operated Allocation of Resources Government plans ways to allocate resources in key industries Capital for production is obtained through the lure of profits in the market Centralized planning directs all resources Role of Government Government directs the completion of its economic plans in key industries Government may promote competition and proved public goods Government makes all economic decisions

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com Inc. All rights reserved.