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Economics - Coggle Diagram

- - - - The machinary used in production to transform resources into goods.
    - - The physical human work put in to transform resources into goods
    - - The risk taking and decision making
    - - The primary resources used in production
  - - - Organisations that are primarily motivated by financial profit and are not run by the government.
    - - An organisation that uses taxation to provide services such as education and health.
    - - An organisation where charitable work is conducted with less intention of profit
  - - - An economy where decisions are made from both the private and public sectors as well as voluntary organisations
    - - All decisions are made by the private sector with limited control from the state
    - - All decisions are made by the state