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Economy in europe by:Anabel Tamasovich

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by

Miriam Tyson

on 27 February 2015

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Transcript of Economy in europe by:Anabel Tamasovich

Economy in Europe by:Anabel Tamasovich
Traditional
traditional: in a traditional economy people get it passed down from generation to generation

Command
in a command economy people give what they earn to the goverment
Market
the people get to keep what they earn and make the decisions for what they use it for
mixed
an economy that bleds command and market
mixed economy
currency
currency is the money used in a country to buy goods and services
the currency for the E.U is the euro
the currency of Russia is the ruble
HUMAN & PHYSICAL CAPITAL
PHYSICAL:
IS PURCHASING CAPITAL GOODS
Human:
Workers of a busniess or country including their education,training skills,and health
economies of U.K,RUSSIA,& GERMANY
UK:
mixed market
Russia:
mixed
Germany:
social market
natural resource:coal
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