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Economic systems, Economic Secotrs - Coggle Diagram
Economic systems
Command system
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Description: The government owns all systems of generating wealth citizens have no economic freedom, Cuba and North Korea.
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Market system
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disadvantages: Only profit, no environment or increase social services.
Description: In Market economy there are producers and consumers. They can choose what to buy and sell or how much they can spend. The government will builds and things like that but they will not allow people to grow industries.
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Mixed system
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Economic Secotrs
Primary: Agriculture, Natural resources, Raw Materials
Development: Low development countries, Niger, Afghanistan
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Quaternary: ideas, knowledge, software, data, reaserch
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