Production
People learn what to produce from customs and traditions
Traditional Economy
China?
Unlimited - Communism
the cultivation, growing, of crops and raising of livestock
Agriculture
This allows the exchange of ideas, customs, and many kinds of products, between different countries and cultures.
Cultural Diffusion
Social Structures and customs of the family and extended family
Family Institution
People make decisions about what to produce and how to produce; people have choices; people own businesses and can make profits
Free Enterprise ( Market Economy)
Saudi Arabia?
Unlimited - Absolute Monarchy
people grow food for their families and follow traditional customs
Subsistence Agriculture
Actions that change the environment to promote human goals.
Human Modification
Ways that the society educates children and adults
Educational Institutions
The government controls all production and services
Communism
Japan
Limited - Constitutional Monarchy
Farming and ranching is a big industry
Commercial Agriculture
to make something suitable - Like putting on sun block
Adaptation
The basic beliefs and religious laws that people are to practice
The government owns some of the means of production; There is some private ownership
Socialism
North Korea?
Unlimited - Totalitarian Dictatorship
Selling goods consumers, individuals and families, to use for themselves
Retail Industries
Role of a citizen in a non representative government
The ways that the society organizes itself by laws, rules, and protection
Government Institutions
Name a benefit of Free Enterprise
people can run businesses with limited government regulation; people can make profits; people have choices of what to buy; people have choices of jobs
U.S.
Limited - Democracy
Making goods in factories like cars, airplanes, clothing, tools, computers, and electronics
Role of a citizen in a representative government
Citizens can change the government by voting or protesting.
The ways that the society provides for its basic needs and wants; traditions for agriculture; rules for trade
Economic Institutions