Chapter 2. Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional Command market.
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The 4 Primary Economic Systems. 1. Traditional 2. Command 3. Capitalist 4. Mixed/Socialist.
Economic Systems SS7E5 The student will analyze different economic systems. a.Compare how traditional, command, and market economies answer the economic.
Economic Systems Vocabulary Jeopardy!. Economic Systems… 3 Fundamental Questions and more… Traditional System Components CapitalismMiscellaneous Economic.
ECONOMIC SYSTEMS Chapter 2 TRADITIONAL COMMAND MARKET.
Economic Systems - mpsaz.org€¦ · Nations, like people, answer the key economic questions differently. A TRADITIONAL ECONOMY •In a traditional economy, people live and work as
Chapter 2 I Economic Systems A. Objectives: B. Traditional ...andersens1990.weebly.com/uploads/7/5/1/9/7519180/econ_2_stupacket_5_0…Economic Systems and Decision Making Chapter 2
Economic Geography. Economic Systems Traditional Economy (barter) – Goods and Services are traded without exchanging money Command Economy – Production.
1 ECONOMIC UNDERSTANDINGS SS7E8 The student will analyze different economic systems. a. Compare how traditional, command, and market economies answer the.
Traditional and Command (planned) Economic Systems
ECONOMIC SYSTEMS Ch. 2 & 3 TRADITIONAL COMMAND MARKET.
Standard: SS6E1 The student will analyze different economic systems. a. Compare how traditional, command, and market economies answer the economic questions.
ECONOMIC SYSTEMS AND DECISION Economics - …mszaleski.weebly.com/uploads/1/3/1/5/13152548/econ_notes_chapter_2...Traditional Market Command Mixed ! ... of traditional, command and
Economic Systems 1. Traditional Economic System 2. Free Enterprise System (Market System) 3. Command Economic System 4. Mixed Economic System.
CHAPTER 2- ECONOMIC SYSTEMS SEPTEMBER 3-6, 2013. ECONOMIC SYSTEMS SIMULATION- SEPT. 3 Traditional Economies – the allocation of scarce resources, and.
Africa Economic Understandings. SS7E1 The student will analyze different economic systems. a. Compare how traditional, command, and market economies answer.
I. Economic Systems II. Traditional Economies Systems I. Economic Systems a. All societies use an economic system = organized way of providing for the wants and needs of their people
Economic Systems. Traditional Command Market Objectives Identify three questions that all economic systems must answer. Describe a traditional economy.
