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Singapore

Economic

System

Time

Culture

It is a 13 hour gape between us and Singapore its 8:15 here in Singapore its 9: 16 pm there.

Climate

Temperatures range from 22 to 34 degrees Celsius, although the humidity can make it feel much hotter than that.

The culture in Singapore is defined by the different ethnic groups in the city state. Chinese, Malay, Indian, and Western influences are all palpable there, making for a mix of traditions and local customs.

Government

Prime minister is Lee Hsien Loong, parliamentary representative democratic republic whereby the President of Singapore is the head of state.

Location

Population

Singapore is between parts of Malaysia and Indonesia, and features a hot, wet climate and tropical rainforests.

Singapore's total population was 5.47 million as of June 2014. The total population grew by 1.3% from June 2013 to June 2014, the slowest growth rate in the last decade.

Sports

Popular sports are Super car Motor sports, soccer, basketball, cricket, rugby union, swimming, badminton, and cycling.

Facts

4 Types of Economic Systems

The nation animal is the lion.

Singapore is the English for Singapura which means lion city.

Command Economy

Market Economy

Mixed Economy

Traditional Economy

Economy's in common

Command, market and Mixed

The reason command, market and mixed economies have things in common is because a mixed economy is a combination of market and command. Market economy is where the resources are owned and controlled by the people and command economy is where the government owns the resources.

Differences

Mixed , Command , Traditional and Market

A mixed economy is one where the government does not own all of the means of production.

Command refers to resources owned nd controlled by the government.

Traditional is goods and services that are produced the way it has always been done.

Market economy is where the resources are owned and controlled by the people.

BY: Chelsea Rojas

Kamron Robinson

Zack Lockatt

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