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O Built upon traditional customs and beliefs
O Centers around agriculture, hunting,
fishing
O Barter and trade is often used in place of
money.
O Often, people in a traditional economy live
in families or tribes.
O Tribal/ Nomadic Communities
The bartering of hunted prey
used by the Inuit tribes in northern
Canada is an example of a
traditional economy.
O African
Countries
O based on market determined supply
and demand
O prices of goods and services are
determined in a free price system
O Private ownership, the government
does not own the businesses
O United States of
America
O The “United”
Kingdom
O The government creates a central economic
plan for all sectors and regions of the
country
O The government allocates all resources
according to the central plan
O The central plan sets the priorities for the
production of all goods and services.
O “Opposite” of the Free market economy
O The Soviet Union O North Korea
O ownership of goods by both private and
government/state-owned entities
O part of the economy is left to the free market,
and part of it is run by the government.
O Mixed economies start from the basis of
allowing private enterprise to run most
business. Then the governments intervene in
certain areas of the economy, such as
regulation, and spending money on public services.
O France O Sweden

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Mga Uri ng Ekonomiya (PDF)

  • 1.
  • 2. O Built upon traditional customs and beliefs O Centers around agriculture, hunting, fishing O Barter and trade is often used in place of money. O Often, people in a traditional economy live in families or tribes.
  • 3. O Tribal/ Nomadic Communities The bartering of hunted prey used by the Inuit tribes in northern Canada is an example of a traditional economy. O African Countries
  • 4. O based on market determined supply and demand O prices of goods and services are determined in a free price system O Private ownership, the government does not own the businesses
  • 5.
  • 6. O United States of America O The “United” Kingdom
  • 7. O The government creates a central economic plan for all sectors and regions of the country O The government allocates all resources according to the central plan O The central plan sets the priorities for the production of all goods and services. O “Opposite” of the Free market economy
  • 8.
  • 9. O The Soviet Union O North Korea
  • 10. O ownership of goods by both private and government/state-owned entities O part of the economy is left to the free market, and part of it is run by the government. O Mixed economies start from the basis of allowing private enterprise to run most business. Then the governments intervene in certain areas of the economy, such as regulation, and spending money on public services.
  • 11.
  • 12. O France O Sweden