Role of market and govt in an economy
Mergenthaler eco254 1102b-04
Economic Systems Chapter 2. Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional.
Chapter 2. Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional Command market.
ECONOMY This word is thrown around a lot in very broad ways…what is it? How does it impact nation-states and societies??
CH 47-48: JFK & LBJ. 1960 Election John F Kennedy (JFK) v Richard Nixon – JFK would win in the closest election since 1888, largely thanks to TV & Nixon.
Economics and Emerging Markets Copyright © 2014 Pearson Education, Inc. 4.
Economic Systems Today’s Objective: To be able to differentiate between the three economic systems and their characteristics.
Economics and Emerging Markets Copyright © 2012 Pearson Education, Inc. publishing as Prentice Hall 4.
Chapter 4 Economic Systems and Development. © Prentice Hall, 2008International Business 4e Chapter 4 - 2 Discuss the decline of centrally planned economic.
What is Economics? Economics studies the Production, Consumption, and Distribution of _____________ goods and services for a society with __________ wants.
State/Country- an independent unit that occupies a specific territory and has full control of its internal and external affairs Nation- group of people.
