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Economic systems

Let’s goEveryone has economic needs and wants. People are consumers of goods or services. Some people are sellers of goods and services. People are economic decision-makers.  

Слайды и текст этой презентации

Слайд 1Economic systems
a set of rules made by a country that

governs the production and distribution of goods and services

Economic systemsa set of rules made by a country that governs the production and distribution of goods

Слайд 2Let’s go
Everyone has economic needs and wants. People are consumers

of goods or services. Some people are sellers of goods

and services. People are economic decision-makers.
 
Let’s goEveryone has economic needs and wants. People are consumers of goods or services. Some people are

Слайд 3Let’s go
Do people only work for money?
What other motivation

is there to work?

Let’s goDo people only work for money? What other motivation is there to work?

Слайд 4Let’s go
Nations, like people, have to make choices. The process

by which a country fulfills needs and wants is known

as the economic system. Every country has developed an economic system. An economic system is a set of rules that a country uses to decide what goods and services to produce, how to produce the goods and services, and who will consume the goods and services.
Let’s goNations, like people, have to make choices. The process by which a country fulfills needs and

Слайд 5Intro task
Free enterprise



Market economy



Traditional economy


Command economy


Mixed economy
an economic system in

which individuals, rather than the government, make the decisions about

production and distribution of goods and services.

an economic system in which individuals following their self-interest makes the decisions about productions and distributions.

an economic system that is based on what has been done in the past.

an economic system in which the government usually decides what to produce, how to produce it, and who will consume it.

an economic system that is a combination of the different economic systems

Intro taskFree enterpriseMarket economyTraditional economyCommand economyMixed economyan economic system in which individuals, rather than the government, make

Слайд 6Intro task
Free Enterprise: an economic system in which individuals, rather

than the government, make the decisions about production and distribution

of goods and services.
 
Market Economy: an economic system in which individuals following their self-interest makes the decisions about productions and distributions.
 
Traditional Economy: an economic system that is based on what has been done in the past.
 
Command Economy: an economic system in which the government usually decides what to produce, how to produce it, and who will consume it.
 
Mixed Economy: an economic system that is a combination of the different economic systems.
Intro taskFree Enterprise: an economic system in which individuals, rather than the government, make the decisions about

Слайд 7Vocabulary

Vocabulary

Слайд 8Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Joe became a

plumber because his father and grandfather were plumbers.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 9Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Madison believes that

her community needs another restaurant, so she decides to open a new restaurant.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 10Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
The Cuba Planning

Commission decides how many pounds of sugar that should be
produced in Cuba.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 11Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Cuban doctors are

employees of the state, any fee they charge for home treatment is
regulated by the state.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 12Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Cuban doctors may

treat patients at home for a fee.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 13Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
To increase her

income, Susan makes pillows and sells them at a local flea market.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 14Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Mr. Smith is

retired and collects Social Security.(социальное страхование)

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 15Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Morgan bought a

new pair of jeans because her old ones were torn.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 16Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Whitney bought annual

tickets to the theater. She buys tickets every year.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 17Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Curt Jones decided

to produce Dippin’ Dots® Ice Cream. The Kentucky Department of Health has regulations concerning the clothing the workers wear.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 18Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Sandra and her

family live in housing that the federal government provides.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 19Decide whether it represents a market, traditional, command or mixed

economic system. Have reasons to support your answer.
Mr. Derek Johnson

owns a shirt factory. O. S. H. A. (Occupational Health and Safety Administration) checks to make sure the employees work in a safe environment.

I guess that…
In my opinion,..
To my mind,..
From my point of view,..
It seems to me that…
I would say that…

Decide whether it represents a market, traditional, command or mixed economic system.  Have reasons to support

Слайд 20Practice

Practice

Слайд 21Practice

Practice

Слайд 22Final task
Imagine you are talking to a friend about the

latest news.
Student A. You believe that the planned economy is

the best one.
Student B. You believe that the market economy is the best one.
Student C. You believe that the traditional economy is the best one.

- why the system is good for the economy
- why it is good for society

Final taskImagine you are talking to a friend about the latest news.Student A. You believe that the

Слайд 23Final task
Personal Point of View
In my experience…
As far as I'm

concerned…
In my opinion…
Personally, I think…
I'd say that…
I'd suggest that…
I'd like

to point out that…
I believe that…
What I mean is…

General Point of View

It is thought that...
Some people say that...
It is considered...
It is generally accepted that...

Final taskPersonal Point of ViewIn my experience…As far as I'm concerned…In my opinion…Personally, I think…I'd say that…I'd

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