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Comparing The Economies Of The United Kingdom,
 

Comparing The Economies Of The United Kingdom,

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

    • Comparing the Economies of the United Kingdom, Germany, and Russia
      • United Kingdom
    • Who owns businesses and farms?
      • Individual citizens and corporations
    • Who decides what to produce and how much to produce?
      • Individual citizens and corporations
    • Who decides distribution methods and prices for goods and services?
      • buyers, and sellers, based on supply and demand
    • Who decides the prices for goods and services?
      • buyers, and sellers, based on supply and demand
    • How difficult is it to start your own business?
      • Very easy (days)
      • Germany
    • Who owns businesses and farms?
      • Individual citizens and corporations
    • Who decides what to produce and how much to produce?
      • Individual citizens and corporations; there is some regulation by the government
    • Who decides distribution methods and prices for goods and services?
      • Individual citizens and corporations; there is some regulation by the government
    • Who decides the prices for goods and services?
      • Individual citizens and corporations; there is some price regulation by the government
    • How difficult is it to start your own business?
      • Very easy (days)
      • Russia
    • Who owns businesses and farms?
      • The government owns most; some private ownership
    • Who decides what to produce and how much to produce?
      • Individual citizens and corporations for the most part; the government controls many large businesses
    • Who decides distribution methods and prices for goods and services?
      • Individual citizens and corporations for the most part; the government controls many large businesses
    • Who decides the prices for goods and services?
      • Individual citizens and corporations for the most part; the government regulates prices of some products
    • How difficult is it to start your own business?
      • Time consuming
      • (months)