economic systems. economic systems main types traditional economy market economy command economy...
DESCRIPTION
Traditional Economy Based on traditions Typical for tribes Includes Agriculture Fishing HuntingTRANSCRIPT
ECONOMIC SYSTEMS
Economic Systems Main Types
Traditional Economy Market Economy Command Economy Mixed Economy
Traditional Economy Based on traditions
Typical for tribes
Includes Agriculture Fishing Hunting
Market Economy Based on
Demand
Supply
Typical for capitalist countries
Command Economy Government = decision making authority
Production, distribution centrally controlled
Typical in dictator ruled countries
Mixed Economy Economic system
Production Distribution Consumption
It covers operations of companies: private, public
Sources ABOUT.COM.USECONOMY. Traditional
Economy. [online]. 2012, [citováno 2012-20-10]. Available on WWW: http://useconomy.about.com/od/US-Economy-Theory/a/Traditional-Economy.htm
SLIDESHARE. Economic Systems. [online]. 2012, [citováno 2012-20-10]. Available on WWW: http://www.slideshare.net/Geckos/the-four-types-of-economic-systems-presentation