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Economic Systems

Economic Systems. Economics. How many basic types of economic systems are there? Name the economic systems. Which economic system do most textbooks say is the most common throughout the world?. Economics. How many basic types of economic systems are there? 3

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Economic Systems

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  1. EconomicSystems

  2. Economics • How many basic types of economic systems are there? • Name the economic systems. • Which economic system do most textbooks say is the most common throughout the world?

  3. Economics • How many basic types of economic systems are there? 3 • Name the economic systems. Traditional, Command, Market • Which economic system do most textbooks say is the most common throughout the world? Mixed. The GCEE states that mixed is not an economic system but rather a blending of two different types of systems.

  4. Economic Systems Pure Market Pure Command Mixed Economy

  5. Economic Systems Pure Market Russia 51% Germany 71% United Kingdom 79% 0 100 Pure Command Mixed Economy

  6. Economic Systems Pure Market Cuba 28% Brazil 57% Canada 81% 0 100 Pure Command Mixed Economy

  7. Economic Systems Pure Market Australia 83% 0 100 Pure Command Mixed Economy

  8. Economic Systems Pure Market Cuba 28% Brazil 57% Canada 81% Russia 51% 0 100 Pure Command Mixed Economy

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