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4 Economic Systems

  •  English    15     Public
    economic systems
  •   Study   Slideshow
  • The government controls the economy
    Command
  •  15
  • A combination of Command and Market economies
    Mixed
  •  15
  • People make their own food and goods using natural resources.
    Traditional
  •  15
  • North Korea has this type of economy
    Command
  •  15
  • This type of economy is controlled by businesses
    Market
  •  15
  • Canada has this type of economy
    Mixed
  •  15
  • This type of economy doesn't actually exist on its own
    Market
  •  15
  • Indigenous peoples used this type of economy successfully for a long time
    Traditional
  •  15
  • This economy is driven by "supply and demand"
    Market
  •  15
  • The government meets peoples NEEDS and businesses meet peoples' WANTS
    Mixed
  •  15
  • Economic System is the way a country ________, distributes, and uses its resources and services
    produces
  •  15
  • Economic System is the way a country produces, ________, and uses its resources and services
    distributes
  •  15
  • Economic System is the way a country produces distributes, and ______ its resources and services
    uses
  •  15
  • Economic System is the way a country produces, distributes, and uses its ______ and services
    resources
  •  15
  • Economic System is the way a country produces, distributes, and uses its resources and _____
    services
  •  15