ECONOMIES AND GOVERNMENTS Chapter 4 Section 3. I. Economies of the World A. a system that includes all of the activities that ppl and businesses do to.

Slides:



Advertisements
Similar presentations
ECONOMIC GEOGRAPHY.
Advertisements

Human Geography 2012.
The Economic Spectrum World Geography Unit 6, Lesson 4 ©2012, TESCCC.
ECONOMIC SYSTEMS AND ACTIVITIES
Bell Work, Tues. 5/19 What does President Obama’s executive order prohibit? What is the name of the first warm-blooded fish? What does Robert Lee’s organization.
Bell Ringer Answer the following questions in a short paragraph: 1.What is the condition of the US economy right now? 2.Why is it in this condition? 3.How.
The way a group of people produce and distribute goods and services.
Economics.
Economics The science that deals with the PRODUCTION, CONSUMPTION and DISTRIBUTION of goods and services. What is it? TO MAKE TO TAKE IN TO MAKE AVAILABLE.
Section 3: Government and economics  Democracy A governing system where the people take part in the decision making process People in a democracy vote.
Economic Systems.
Economic Geography. Economic Systems Traditional Economy (barter) – Goods and Services are traded without exchanging money Command Economy – Production.
Chapter 4, Section 5 Economic Geography.
Economic Geography. I. Economic Systems A. Traditional - Barter and trade. (1 cow for 5 pigs?) B. Communism - Economy determined by the government (command).
Bellwork: Just answer in notes  What kind of government is this?  How do you know?
Chapter 4, Section 4 Resources, Trade and the Environment.
Bellringer We will have a series of political cartoons to introduce you to various economic systems On a piece of paper, number 1-8 and answer the questions.
CHAPTER 2 LESSON 3. DEMOCRACY A governing system in which a country’s people elect their leaders and rule by majority. The people vote to choose the leaders.
Economic Systems BBI2O. Economic System The way government works with business Three key economic questions:  What goods and services should be produced?
 Economic Systems must make three basic decisions: 1) What and how many goods and services should be produced? 2) How should they be produced? 3) Who.
Economic Types Fish Sticks!!!Wait what?. Will Get to the fish sticks later… Yesterday we looked at different economic systems. Lets discuss the question.
Chapter 4:3 Political Geography.
Economics. Economics is the study of how people make their money and a study of choices. Which pair of shoes to buy – the ones on sale or the ones you.
Economic Geography Mrs. Brahe Global Studies. Objectives  At the end of this lesson, you will be able to: Identify the four basic types of economic activity.
Economic Geography.
Economies Around the World. Just as governments can be classified into different kinds…. …the economies of the world can also be classified, based on.
Economic Activities. Primary ActivitiesSecondary Activities Tertiary ActivitiesQuaternary Activities.
Economic Types Fish Sticks!!!Wait what?. Will Get to the fish sticks later… Yesterday we looked at different economic systems. Lets discuss the question.
Economic Geography Question: How are economic activity and level of development interrelated?
Economy. Work Making things Buying things Trading All of these examples are ways that our Economy is stimulated.
East Asia in Transition
SystemsLevels of Activity Traditional Concepts Economics & the World Geography Jeopardy! Economics.
Economic Geography People earning a living Economic Systems 4 money making activities: primary, secondary, tertiary & quaternary activities. 4 money.
Economic System The way people produce and exchange goods and services.
Free Enterprise and Free Market Systems. Factors of Production There is a conflict between what people want/need and what is available. The lack of resources.
Unit #2 – Human Geography Economies of the World.
Economic Geography World Geography. Introduction Economy – the production and exchange of goods and services among a group of people How have you participated.
Systems of Government Unitary system- gives all key powers to the national or central government. –Ex. United Kingdom and France Federal system- divides.
Bellringer BACKPACKS AND ID’S
Chapter 6.1 Economic Geography Pg Economic Systems Deals with how people earn a living and use resources and with the links among economic activities.
The Economic Spectrum ©2012, TESCCC World Geography Unit 6, Lesson 4.
GRADE 9 HUMANITIES ECONOMIC GEOGRAPHY. ECONOMIC ACTIVITIES  There are 4 types: 1.Primary – Activities that use natural resources eg: fishing, mining,
Where one grows their own food and makes their own goods. Trade amongst others to obtain what they need. Mostly in remote areas.
Level of Development One common measurement of development is a country’s gross domestic product, or its GDP The GDP is the total value of all goods and.
Do-First: Use the definition below to define an economic system.
4.5 Economic Geography. Types of Economic Activities Traditional Economy- Goods/Services traded without exchanging $ Traditional Economy- Goods/Services.
PAGES Chapter 4 Section 3 Government and Economy.
P in Western World. Economic Activity (What people in an area do to earn a living) Primary Industry- activities that directly involve natural resource.
Do-First: Use the definition below to define an economic system.
Economics: Part 1.
Types of Economies.
Economic Geography Chapter 4.
Economic Geography Economic Systems
Economy.
Government and Economy
Economic Systems.
World Geography Chapter 6
Economic Systems NOTES.
Economics Human Geography.
Economic Systems UNIT FOUR NOTES.
Different economic activities and systems exist throughout the world.
F/T, 10/25-29 After documenting your homework (on board), turn off and put away your electronic device. Organize your project to be stapled as follows:
Economic Geography.
Economic Geography.
Economics.
Economics and economy Sources: M. Kaftan, l. Horáková: English in Economics © Markéta Čeřovská.
What will be produced? How will it be produced? Who will benefit?
Bell Ringer 10/7 Write down any questions you have about information from this chapter.
A World of Industry.
4.3 (Part 2) Economy.
Presentation transcript:

ECONOMIES AND GOVERNMENTS Chapter 4 Section 3

I. Economies of the World A. a system that includes all of the activities that ppl and businesses do to earn a living B. Economic Activity 1. ways ppl make a living a.farming b.manufacturing c.services

2. level 1 - primary industry a. traditional economy b. provide natural resources or raw materials to others 1. farming 2. fishing 3. mining

c. provide raw materials 1. grain 2. seafood 3. coal

3. Level 2 - secondary industries a. use nat. resources or raw materials to manufacture goods b. manufacturing: changing raw materials into finished products 1. furniture 2. automobiles

4. level three – tertiary industry a. goods and services exchanged b. sell products made in secondary industries c. provide services 1. healthcare 2. mechanics 3. teachers

5. level 4 - quaternary industry (US) a. highest level b. research and distribution of info c. ppl have specialized skills and knowledge 1. architects 2. lawyers 3. scientists

6. Economic Systems a. most countries have mixed economies b. traditional 1. ppl grow own food and make own goods 2. trade thru barter: exchange w/out $ 3. found in rural and remote communities

i. farmers ii. fishermen iii. hunter-gatherers iv. herders

c. market economy (US) 1. based on private ownership, free trade and competition 2. individuals and businesses free to buy and sell what the wish 3. price determined by supply and demand 4. AKA capitalism or free enterprise

d. command economy 1. central gov’t makes all economic decisions - what goods to produce, how much to produce, and what price will be 2. No. Korea and Cuba close to pure 3. Communist gov’t have command economies

II. Economic Development A. level of econ. growth and quality of life B. Economic Indicators 1. measures of a country’s wealth 2. Gross Domestic Product (GDP): the value of all goods and services produced w/in a country in a single year

3. per capita GDP: total GDP divided by the number of ppl in that country 4. level of industrialization 5. overall quality of life a. industries and technology b. healthcare and education

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.