Comparing The Economies Of The United Kingdom,
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Comparing The Economies Of The United Kingdom, Presentation Transcript

  • 1. Comparing the Economies of the United Kingdom, Germany, and Russia
  • 2.
    • United Kingdom
  • 3. Who owns businesses and farms?
    • Individual citizens and corporations
  • 4. Who decides what to produce and how much to produce?
    • Individual citizens and corporations
  • 5. Who decides distribution methods and prices for goods and services?
    • buyers, and sellers, based on supply and demand
  • 6. Who decides the prices for goods and services?
    • buyers, and sellers, based on supply and demand
  • 7. How difficult is it to start your own business?
    • Very easy (days)
  • 8.
    • Germany
  • 9. Who owns businesses and farms?
    • Individual citizens and corporations
  • 10. Who decides what to produce and how much to produce?
    • Individual citizens and corporations; there is some regulation by the government
  • 11. Who decides distribution methods and prices for goods and services?
    • Individual citizens and corporations; there is some regulation by the government
  • 12. Who decides the prices for goods and services?
    • Individual citizens and corporations; there is some price regulation by the government
  • 13. How difficult is it to start your own business?
    • Very easy (days)
  • 14.
    • Russia
  • 15. Who owns businesses and farms?
    • The government owns most; some private ownership
  • 16. Who decides what to produce and how much to produce?
    • Individual citizens and corporations for the most part; the government controls many large businesses
  • 17. Who decides distribution methods and prices for goods and services?
    • Individual citizens and corporations for the most part; the government controls many large businesses
  • 18. Who decides the prices for goods and services?
    • Individual citizens and corporations for the most part; the government regulates prices of some products
  • 19. How difficult is it to start your own business?
    • Time consuming
    • (months)