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Storyboard Text

  • lets talk about economic systems
  • What is a economic system?
  • A economic system is how the society and the government distribute goods 
  • We have four types of economics systems 
  • Traditional market free enterprise systemcommunist systemSocialist system
  • also we have economic sectors
  • inside of this we have types of agriculture1.subsistece agriculture 2.Commercial agriculture 
  • and types of industry like the cottage industries that are small industries that make their goods by hand and commercial industries this are the big factories that sale all over the country
  • and them we have levels of economic this1.primary:make things natural materials2.secondary: produce new product with raw materials 3.tertiary:these economies are activies are service of industry 4.Quaternaty:activities that involve information processing and management
  • Finally we got levels of economic development 
  • Poliitical indicators: this is the freedom that people enjoy and the voting rigths that they have
  • on this part we got social indicators :this includes everthing that have to see with education
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