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Economic Systems, Economic Sectors - Coggle Diagram
Economic Systems
Mixed
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Advantages: The government can protect the environment, workers, and consumers
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Goal: Mixed is a mix of all as it helps with employment, stability, economic growth and equity.
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Command/Socialism
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Example country: China, Cuba, North Korea
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Capitalism
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Goal: Capitalism is an economic system and the biggest feature of capitalism is the motive to make profit
Economic Sectors
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Secondary: Secondary uses natural materials from companies that use primary materials to make food products
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