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Monday, December 2, 2013

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Monday, December 2, 2013 How is a dictatorship different than a democracy? What type of monarchy shares power with the people? Economics Song Sung to the Tune of Hey ... – PowerPoint PPT presentation

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Title: Monday, December 2, 2013


1
Monday, December 2, 2013
  1. How is a dictatorship different than a democracy?
  2. What type of monarchy shares power with the
    people?

2
3 Types of Economies




3
3 Types of Economies
Name How does it work? Who is in charge? Where is it found in the world?



4
Supply And Demand
5
1988 Nintendo
6
(No Transcript)
7
PlayStation 3
8
(No Transcript)
9
(No Transcript)
10
X-Box
11
Xbox 360
12
(No Transcript)
13
(No Transcript)
14
(No Transcript)
15
(No Transcript)
16
(No Transcript)
17
(No Transcript)
18
(No Transcript)
19
X-Box prices
  • (November 15, 2001, (449)
  • (May 15, 2002) (299)
  • (May 14, 2003) (249)
  • (March 29, 2004) (199)

20
3 Types of Economies




21
3 Types of Economies
Name How does it work? Who is in charge? Where is it found in the world?



22
3 Types of Economies
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Economy


23
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Economy Barter System


24
3 Types of Economies
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Economy Barter System People


25
3 Types of Economies
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Economy Barter System People Under developed countries


26
Name How does it work? Whos in charge? Where is it found in the world?
Traditional economy Barter System People Under developed countries
Market Economy

27
Name How does it work? Whos in charge? Where is it found in the world?
Traditional economy Barter System People Under developed countries
Market Economy Capitalism Free Enterprise

28
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Economy Money to buy things. Prices set by supply and demand

29
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Economy Money to buy things. Prices set by supply and demand. People

30
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Economy Money to buy things. Prices set by supply and demand. People United States, Great Britain

31
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Money to buy things. Prices set by supply and demand. People United States, Great Britain
Command Economy
32
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Money to buy things. Prices set by supply and demand. People United States, Great Britain
Command Government sets the prices and wages of workers.
33
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Money to buy things. Prices set by supply and demand. People United States, Great Britain
Command Government sets the prices and wages of workers. Government
34
Name How does it work? Whos in charge? Where is it found in the world?
Traditional Barter System People Under developed countries
Market Money to buy things. Prices set by supply and demand. People United States, Great Britain
Command Government sets the prices and wages of workers. Government Former USSR, Communist Governments
35
Economics Song
  • Sung to the Tune of Hey Hey Hey Goodbye
  • Written by Burton Garrington, Kalondria Harper,
    Alyssa Hopkins, Montana Lee, Sydney Leibfritz,
    Dakota McGee, Daniel Sasser, Alli Stalker, Kevin
    Nguyen, Mark Pruitt

36
  • We have got to learn about all types of
    economies.
  • In traditional people trade with no-oo-oo money.
  • But in marketing, private owners use supply and
    demand.
  • With Command, all decisions are made by the
    government.
  • Na Na Na Na, Na Na Na Na, Hey Hey Hey, economies
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