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Chapter 2 Economic Systems
Economic System ,[object Object]
Countries, like us have limited resources, so they must decide . . . ,[object Object],[object Object],[object Object]
[object Object]
Types of Economic Systems TRADITIONAL MARKET COMMAND MIXED
TRADITIONAL ,[object Object],[object Object],[object Object],[object Object],[object Object]
Command (Socialism) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Market ,[object Object],[object Object],[object Object],[object Object],[object Object]
American Free-Enterprise system (Capitalism) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Free – Enterprise Promotes. . . ,[object Object],[object Object],[object Object],[object Object],[object Object]
Mixed Economy ,[object Object],[object Object],[object Object],[object Object]
Economist – Adam Smith ,[object Object],[object Object],[object Object]
Economist Karl Marx ,[object Object],[object Object]

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Chapter 2