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Ss gr 7 economics us

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Ss gr 7 economics us

  1. 1. • How many basic types of economic systems are there?• Name the economic systems.• Which economic system do most textbooks say is the most common throughout the world?
  2. 2. • How many basic types of economic systems are there? 3• Name the economic systems. Traditional, Command, Market• Which economic system do most textbooks say is the most common throughout the world? Mixed. The GCEE states that mixed is not an economic system but rather a blending of two different types of systems.
  3. 3. Economic Systems Pure PureCommand Market
  4. 4. om ic Israel onEc t e m s 68% Sys Saudi Arabia Iran 64% 45% Pure PureCommand Market
  5. 5. om ic South Africa onEc t e m s 64% Sys Nigeria 55% Pure PureCommand Market
  6. 6. om ic Japan onEc t e m s 73% Sys China IndiaNorth Korea 54% 53% 2% Pure PureCommand Market

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