Презентация по английскому языку "Экономические системы"

Economic systems Economic systems

An economic system is a system that involves the production, distribution and consumption of goods and services. The economic system is composed of people and institutions, including their relationships to productive resources.

All economic systems exist to satisfy people’s needs, and all of them should have following characteristics: means of production the way of economic actions the distribution of the wealth dealing with scarcity

Traditional Economy Traditional Economy An economy based on agriculture, with others in society working in simple crafts, such as the manufacturing of cloth or pottery.

A traditional economy is an economic system in which resources are allocated by inheritance and is based on primitive methods and tools. It is strongly connected with farming, hunting and gathering. Members of a traditional economy often make their own clothing and tools. It is still found today in underdeveloped, agricultural parts of South America, Asia, and Africa.

Market Economy Market Economy An economy based on free trade and supply and demand.

A market economy is an economy based on the division of labor in which the prices of goods and services are determined in a free price system set by supply and demand. In the real world, market economies do not exist in pure form, as societies and governments regulate them to varying degrees rather than allow self-regulation by market forces.

Command Economy Command Economy An economic system controlled by strong, centralized government, which usually focuses on industrial goods. With little attention paid to agriculture and consumer goods.

A command economy is an economic system in which the central government makes all decisions on the production and consumption of goods and services. In such economies the state or government controls all major sectors of the economy and formulates all decisions about their use and about the distribution of income. The planners decide what should be produced and direct enterprises to produce those goods

MMixed ixed EEconomy conomy An economic system which is a combination of Market and Command economic systems where market forces control most consumer goods, but government directs industry in need areas.

A mixed economy is an economic system that incorporates a mixture of private and government ownership or control, or a mixture of capitalism and socialism.

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