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…

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…

1. Chapter 2:Economic Systems and Decision MakingSection 1: Economic Systems Section 2: Evaluating Economic Performance 2. Things to look for…(section 1) What are the…

Slide 1NEXT Economic Systems Slide 2 NEXT Chapter 2: Economic Systems An economic system is the way in which a society uses its resources to satisfy its people’s unlimited…

Slide 1 Slide 2  In every nation, no matter what the form of government, what the type of economic system, who controls the government, or how rich or poor the country…

Slide 1 Economic Systems Today’s Objective: To be able to differentiate between the three economic systems and their characteristics. Slide 2 Types of Economic Systems…

Slide 1 SS6E5 Slide 2  The student will analyze different economic systems. ◦ C. Compare the basic types of economic systems found in the United Kingdom, Germany, and…

Slide 1 Mixed Economy SS6E1 The student will analyze different economic systems. b. Explain how most countries have a mixed economy located on a continuum between pure market…

Slide 1 What is this picture saying about the differences between North and South Korea? Slide 2 What are command and market economies? Command /centrally planned economies……

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