Salingbberbagii

1. ECONOMIC
SYSTEM
By:
Nurul Aliyah 11022100081
Siti Aniroh 11022100096
Indiani 11022100091

2. What is an
economic
system
The method used by a
society to produce and
distribute goods and
services.
or
How the government tells us
what we can get and how to
get it!

3. Types Of Economic
System
Command Economic
System
Market Economic System
Mixed Economic System
1.
2.
3.

4. Command Economic
System
In other words, command economies are
authoritarian economic structures in which a
political or social hierarchy is solely responsible
for making decisions about the economy. The
decisions made by these leaders are followed by
players throughout the economy, all the way down
to individual laborers.

5. A market economy is a system where the
laws of supply and demand direct the
production of goods and services. Supply
includes natural resources, capital, and
labor. Demand includes purchases by
consumers, businesses, and the
government.
Market Economic
System

6. A mixed economic system is a system that
combines aspects of both capitalism and
socialism. A mixed economic system protects
private property and allows a level of economic
freedom in the use of capital, but also allows for
governments to interfere in economic activities
in order to achieve social aims.
Mixed Economic
System

7. EXample of
the country
and situation

8. Malaysia mixes two economic systems which they call a self-sufficient
economic system and a commercial economic system. The economic system
means the fulfillment of daily needs through farming, gardening, and fishing.
If there is excess production, it will be sold in the market. While the
commercial economic system refers to an economic system in which there is
foreign investment and investment. Apart from the countries above, there are
still mixed economic systems such as, among others; Iceland, Sweden, Great
Britain, France and more. In countries that adopt this economic system,
private companies and state-owned companies will be established, both of
which will jointly drive the economy.
Type Economic System
In Malaysia

9. The point is Economic systems are organized
way in which a state or nation allocates its
resources and apportions goods and services in
national community. An economic system is slackly
defined as country's plan for its services, goods
produced, and the exact economic plan is carried
out. way in which its
Conclusion

10. Thank's