1 / 5

ECONOMIC SYSTEMS OF THE WORLD

ECONOMIC SYSTEMS OF THE WORLD. ECOMOMICS : The distribution of wealth, production, goods and services within a given place. BASIC BUSINESS : Business and Industry that meets the basic needs the people need to survive, such as utilities (power, water, medical care, food, etc.)

holmes-meyer
Download Presentation

ECONOMIC SYSTEMS OF THE WORLD

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ECONOMIC SYSTEMS OF THE WORLD

  2. ECOMOMICS: The distribution of wealth, production, goods and services within a given place. • BASIC BUSINESS: Business and Industry that meets the basic needs the people need to survive, such as utilities (power, water, medical care, food, etc.) • NON-BASIC BUSINESS: Business or Industry that does not meet the needs that the people need to survive. (Ice Cream shops, Sporting Goods, Hair Stylist, etc. DEFINITIONS YOU’LL NEED TO UNDERSTAND

  3. CAPITALISM

  4. SOCIALISM

  5. COMMUNISM

More Related