ECONOMIC SYSTEMS
Economic Systems
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Main Types
Traditional Economy
Market Economy
Command Economy
Mixed Economy
Traditional Economy
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Based on traditions
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Typical for tribes
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Includes
 Agriculture
 Fishing
 Hunting
Market Economy
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Based on
 Demand
 Supply
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Typical for capitalist countries
Command Economy
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Government = decision making authority
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Production, distribution centrally controlled
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Typical in dictator ruled countries
Mixed Economy
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Economic system
 Production
 Distribution
 Consumption
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It covers operations of companies: private, public
Sources
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ABOUT.COM.USECONOMY. Traditional
Economy. [online]. 2012, [citováno 2012-2010]. Available on WWW:
http://useconomy.about.com/od/US-EconomyTheory/a/Traditional-Economy.htm
SLIDESHARE. Economic Systems. [online].
2012, [citováno 2012-20-10]. Available on
WWW: http://www.slideshare.net/Geckos/thefour-types-of-economic-systems-presentation