Documents Economic Systems Chapter 2. Types of Economic Systems Economic system: how society uses resources to...

Slide 1Economic Systems Chapter 2 Slide 2 Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional…

Documents Chapter 2. Types of Economic Systems Economic system: how society uses resources to satisfy peoples....

Slide 1Chapter 2 Slide 2 Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional Command market economies…

Documents The Rise of the Industrial “Class” and a New Way of Thinking.

Slide 1 The Rise of the Industrial “Class” and a New Way of Thinking Slide 2 Origins came from the concept of “private ownership”. Adam Smith wrote, “The Wealth…