New Zealand Global Economy PPT
new zealand
Chapter 2
+ Economic Systems Defined and Explained. + Food for Thought …. Remember that most countries have a blend between all four economic systems. No “pure”
Economic Systems An economic System is a set of rules that govern the answer to the three basic economic questions. (Rationing Systems)
ECONOMIC SYSTEMS Ways that societies answer WHAT to produce, HOW to produce, and FOR WHOM to produce.
