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ECONOMIC SYSTEMS IN THE WORLD - Coggle Diagram
ECONOMIC SYSTEMS IN THE WORLD
The current systems
Capitalism
Mixed economy
Supply and demand BUT
The state could interviene
Supply and demand
Free market economy
Comunism
Planned and centralised by the state
State is owner of all the production
There isn't private propiety
"Collective benefits"
Subsistence economy
Producton for self compsuption
Poorest parts of the world
Market economy
The most widespread
USA, other parts of Europe
Multinational
Volkswagen
Coca-Cola
Microsoft
Movistar
Apple