Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.


Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Economic Systems

quick overview of the different economic systems, their motivators, and locations.

Taylor Rankin

on 19 March 2013

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Economic Systems

The Economic Systems Traditional Economy Free Enterprise Economy
(Also known as Capitalism or Free Market) Communist Economy The Basics:
-freely buy/sell for a profit
-own property Motivator:
profit (even if there is a risk) Location:
developed countries like the US, Japan, Germany, UK, Canada Motivator:
survival The Basics:
-make goods for trading
-farm crops for family Location:
poor, developing countries like Bushmen of South Africa or the Berber tribesmen of North Africa Motivator:
government regulations
(fear!) The Basics:
-gov't sets prices, locations, and products
-no private property Location:
the 4 "communist "countries - China, North Korea, Vietnam, and Cuba Socialist Economy The Basics
the gov't owns/operates basic industries, others are privately owned Motivator:
-fairer distribution of income because basic needs are free/cheap
-end to poverty Location:
Sweden and some other Euro countries, Israel, Ghana, Canada Mixed Economy The basics:
a blend of each of the economies Motivator:
deciding how actively the gov't is involved in the economy Location:
almost every country in the world
Full transcript