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Economic Systems - created from Mind Map
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An economic system refers to goods and services and the plans to produce them. An economic system determines what is produced, how goods are produce.
Salem Press Encyclopedia
Capitalism Eccomoy (Free Market)
Communism Economy
The central government makes all decisions about economic matters—production, distribution, and prices
Socialism Ecomomy
Mixed Economy
Combine elements of both free market and command systems
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- Business/Economics Note on Economic Systems - created from Mind Map, created by casiana matias on 17/05/2019.
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- Created by casiana matias · May 17, 2019
- Copied to Note by casiana matias · May 17, 2019
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