Please enable JavaScript.
Coggle requires JavaScript to display documents.
Economic Systems, economic sectors - Coggle Diagram
Economic Systems
-
Mixed
pic 
-
-
-
a mixed economy saves the envorment and lets business and consumers make there own decisions but they have to follow the government rules
Market
Advantages. when businesses fight for the same market against other businesses. they want to lure more people in the there competitors so they lower the prices.
-
-
Example country. USA, Taiwan
producers and consumers decide how they want to make financial decisions, government tries not to interfere
economic sectors
quaternary
Development: these country are usually higher developed such as Canada, USA, China
-
Description: Research, Data, Software
-
-
tertiary
pic
Description: sales, services
-
-
primary
-
development: these are low development country's. Niger, Sudan, Afghanistan
-
-
secondary
Development: these tends to be the medium development country's: India, China, Vietnam.
-
-
-