1. Comparative Political and Economic Systems

2. Section 3 Economic Systems Chapter 15 Comparative Political And Economic Systems

3. Comparative Political and Economic Systems Main Idea Economic systems can be characterized by three basic types: traditional, market, and command. Nearly all nations today have mixed economies, meaning they have some combination of traditional, market, and command features. Economic Systems

4. Comparative Political and Economic Systems Focus Questions 1.How has India’s economy changed since their independence? 2.What are the basic economic questions? 3.What are the factors of production? 4.What are the four types of economic systems? 5.Who is Adam Smith? 6.Who is Karl Marx? 7.What are the advantages and disadvantages of socialism? 8.What are the advantages and disadvantages of communism?