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Economic systems, Economic Sectors - Coggle Diagram
Economic systems
Command/Socialism
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Disadvantages: Gov. decisions might not be beneficial for citizens, maybe even harmful towards citizens
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Goal: The goal is for everyone to be perfectly equal, no matter what buisness you are in.
Market/Capitalism
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Disadvantages: Generally don’t support global movements, or help the community
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Goal: No equality, they want one person to have all the money. The poor would stay poor and the rich would get more rich
Mixed
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Disadvantages: Gov. Something strikes wrong balance, either business or people
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