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THE CONOMIC SYSTEMS IN THE WORLD, suply, multinational, mixed economy,…
THE CONOMIC SYSTEMS IN THE WORLD
THE CURRENT SYSTEMS
CAPITALIST OR MARKET ECONOMY
based on
free market economy
supply
demand
private property
freedom to work and hire
State intervention on a small scale
main models
United states
EU
variations (mixed economy)
creation of companies
through
national companies
multinational companies
control global market
outside of their countries
affiliated companies
private initiative
economic globalisation
Mixed economy
becoming widespread
greater intervention of the state
stablishing laws
regulating prices
providing services
COMMUNIST OR PLANED ECONOMY
the state
planed
centralised
owner of the means of production
controls production process
don't exist
private property
initiative
practically disappeared
objective
achieve collective benefit
polices
SUBSISTENCE ECONOMY
production for self-consumption
poorest and most isolated areas
hardly
any economic
social development
CURRENT ECONOMIC BLOCKS ACROSS THE WORLD
WORLD ECONOMIC LEADERS
Unites States
EU
Japan
less global influence
Canada
Australia
THE ASIAN TIGERS
South Korea
Taiwan
Hong Kong
Singapore
Tiger club economies
Vietnam
Indonesia
Malaysia
The Philippines
Thailand
Technological development
emergence
COUNTRIES WITH PETROLEUM
saudi Arabia
largest producer
petroleum
most widely used energy source
BRICS
emerging countries
Brazil
Russia
China
India
South Africa
rapidly growing economy
becoming more important
other economic organization
European union
NAFTA
Mercosur
organizations
near each others
no duties
common political ideology
share ties
culture
economy
offer assistance
definition
the ways in which a country
produces
organises
distributes
administrates
it's resources
human
material
economic goods
provides
high level of well-being
