Economic Systems
Command/Socialism
Market/Capitalism
Mixed
Disadvantages: Because of the profit that is only of your job there's not that many care for the environment.
Decision: They don’t make allot of decisions.
Advantages: That the prices In the markets are low because of the competition.
Country: USA & Taiwan .
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Goal: Become richer and be self-interest
Disadvantages: There's not that good health care and there's not enough communication in between people.
Decision: The economic decisions the government doesn't take place in decision making.
Advantages: People develop skills for surviving .
Countries: Northern Europe & Canada.
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Goal: To let the economy grow
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Decision: The government controls all the economies and the decisions are full to the government.
Country: China & Cuba.
Disadvantages: That the government it's not always doing right decisions.
Advantages: That the government can concentrate in a certain thing to make the country better.
Goal: To let the government make the economic decisions
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Economic sectors
Secondary
Primary
Quaternary
Tertiary:
Example: Micare Mine a really gig coal mine in Mexico
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Description: Natural resources from nature/ raw material
Example: Carbones del bajio is a big packaging company
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Description: Uses natural resources to create and make customers
Example: Chedraui is a big supermarket that cells that coal
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Description: People that sells goods and provide services
Example: Uber eats is a perfect example because u need coding and data. and u can ask your chedraui grocery via Uber Eats
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description: Uses technology and programing. Data and software development, coding. GIG DATA