Transcript South and East Asia Economic Systems

*WRITE ALL*
Type of Economy
 Mixed, mostly Market
Choices Consumers Have
• *Can buy anything
• *Business ownership
Problems with the Economy Today
• *60% literacy rate (LOW)
• *Extremely poor country
• *Pollution
Specializations
• Service, Technology (Industry)
Type of Economy
 Mixed, Only SLIGHTLY leaning toward market
 **Open to trade with foreign countries
Choices Consumers Have
 Citizens can own businesses
Problems with the Economy Today
 *Pollution
 *Government has control over people
 *Over populated
Specializations
• Consumer products, agriculture
Type of Economy
 Command
Choices Consumers Have
 *None
Problems with the Economy Today
 *Weak economy
 *Produces Uranium/Nuclear weapons
 *Low GDP
Specializations
• Minerals, agriculture, natural resources
Type of Economy
 Mixed, mostly Market
Choices Consumers Have
 *Own businesses
 *Buy anything they want
 *Lots of technology
Problems with the Economy Today
 *Rely on imported goods and foods
 *Competition from China and South Korea
Specializations
• Technology