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Aylin Romero 2nd period Euro. economic
A Coggle Diagram about Factors of production (Human capital , Capital goods , Entrepreneurship and Natural resources ), economic system (Traditional: working on what your ancestors did, Mixed: combination bet wend command and mixed economy and the to government has a little say in buisness or alor of say in business but it's never 100% say or 100% no say, Market: when then government has nothing to do with businesses economically at all and Command : when the government has full control of all businesses in it country ), senarios (traditional : Blake was a inuit and he only did what his dad did and his dad did what his dad did. , Market: John freely sold nuclear bombs from his business without anyone stopping him., mixed:Milly owns a clean restaurant that she has full control over and she knows when the inspectors come she is safe.. and command : Cubic wants to start a cookie business but knows he cannot because the government will take over the business.), Trade Barriers (Cultural, Physiclal and Economic ), Comparing the economies of European Countries, Gross Domestic Product and Vocab- (, and )