The Economies of Asia Traditional Economy Needs are fulfilled in the same way as their ancestors. Command Economy The government determines what will be produced, how it…

Economic Systems Capitalism, Communism and Socialism Michael Quinones, NBCT www.socialstudiesguy.com...

Economics SS6E1a, SS6E5a, SS6E8a: Compare how traditional, command, and market economies answer the economic questions of 1 â what to produce, 2- how to produce, and 3-…

PowerPoint Presentation Three Types of Economies Types of Economic Systems Traditional Economy Command Economy Market Economy Mixed Economy These economies have different…

Economic systems What are the different kinds of economic systems?? OBJECTIVE: Today we are going to learn about the four different economic systems. By the end of the day…

Chapter 4:3 Political Geography Nation Geographersâ definition: community of people with common ancestry, culture and territory Does not imply an independent political unit…

Economic Systems Economic Systems Chapter 2 Scarcity This is a fact of life Three questions What should be produced? How should it be produced? For whom should it be produced?…

Economic Systems All Economic Systems Must Consider the Following Questions: THE THREE BIG ECONOMIC QUESTIONS 1. What goods and services to produce? 2. How will they produce…

Chapter 13 What is an Economy? Why do societies have economies? Basic wants Food Water Shelter Wants Wants are influenced by our society Live: house or apartment Our wants…

ECONOMY STUDY GUIDE SS6E5 The student will analyze different economic systems. WHAT IS ECONOMY? All of the activities people do to earn a living are a part of a system called…