Economic systems a set of rules made by a country that governs the production and distribution of goods and services
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- 2. Let’s go Everyone has economic needs and wants. People are consumers of goods or services. Some
- 3. Let’s go Do people only work for money? What other motivation is there to work?
- 4. Let’s go Nations, like people, have to make choices. The process by which a country fulfills
- 5. Intro task Free enterprise Market economy Traditional economy Command economy Mixed economy an economic system in
- 6. Intro task Free Enterprise: an economic system in which individuals, rather than the government, make the
- 7. Vocabulary
- 8. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 9. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 10. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 11. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 12. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 13. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 14. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 15. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 16. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 17. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 18. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 19. Decide whether it represents a market, traditional, command or mixed economic system. Have reasons to support
- 20. Practice
- 21. Practice
- 22. Final task Imagine you are talking to a friend about the latest news. Student A. You
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