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THE ECONOMIC SYSTEMS IN THE WORLD, 9BBF29FD-92EF-4B9F-A5C2-CF6E9EBCA08D,…
THE ECONOMIC SYSTEMS IN THE WORLD
THE ECONOMIC SYSTEMS IN THE WORLD
Are the ways in which a country produces, organises, distributes and administers its material and human resources.
THE CURRENTS SYSTEMS
communist or market economy
The economy is planned by the state
The state is the owner of the means of production
Only state-owned properties
Production process is controlled by the state
Subsistence economy
A system based on production for self-consumption
On the momst poor and isolated areas
There is no economic or social development
Capitalis or market economy
Based on a free market economy
Freedom to work and hire
State intervention
Private property
CURRENTS ECONOMIC SYSTEMS AROUND THE WORLD
Leader in the economic world
Countries with petroleum
Belong to the OPEC
Saudi arabia is the most important one
These countries are very important
BRICS
Russia
India
Brasil
South Africa
China
Asian tigers
Countries from south asia that have economic powe
Tiger cub economies
Other asian countries that have less developed economies
Indonesia
Malaysa
Vietnam
Thailand
South Korea, Taiwan, Hong Kong, singapore
World economic leaders
The united states, European Union, Japon
MARKET ECONOMY
United Estates is the main model
It has led to nationals and multinationals
Multinationals
They act outside of the country
Presented in many other countries
Employ thousands of people
Is currently the most widespread
