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Madagascar

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on 4 October 2013

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Transcript of Madagascar

Madagascar
Robin Rettger

Kennedy Seroka
Holly Benson
designed by Péter Puklus for Prezi
Location
Off the East coast of Africa, in the Indian Ocean.
Imports & Exports
Exports:
Coffee, vanilla, shellfish, sugar, and fiber.

Produced by farmers and fishermen, by traditional agriculture.

Imports:
Consumer goods, capital goods, heavy machinery, and food.
Individual Liberties
Can own private property.

Have freedom of choice.

Keep their own profits.
Compared to the U.S...
GDP
Madagascar - 9.975 billion U.S. - 15.68 trillion

Income Tax Rate
Madagascar - 20% U.S - 39.6%
Type of Economy
Market economy:
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices.
Full transcript