ENVIRONMENT OF BUSINESS CHART DEMO

ENVIRONMENT OF - Contribution to economic stability GLOBAL ECONOMY SCARCE RESOURCES NEEDS Basic questions that all economic systems must deal with

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PROCESS Factors of Production * Land * Labor * Capital * Management OUTPUTS * Goods * Services INPUTS BUSINESS SYSTEM ENVIRONMENT OF BUSINESS ECONOMICAL SOCIAL INTERNATIONAL TYPES OF ECONOMIC SYSTEMS Pure Capitalism * Capitalism Free market System Mixed Capitalism * Communism; Least degree of individual freedom * Socialism; A system in between communism & capitalism Market economies THE ROLE OF GOVERNMENT * * social benefits
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Unformatted text preview: * Contribution to economic stability GLOBAL ECONOMY SCARCE RESOURCES NEEDS Basic questions that all economic systems must deal with •How should limited economic resources be used to satisfy society’s needs? •What goods and services should be produced? •Who should produce them? •How should these goods and services be divided among the population Natural Human Material Mental (International Economy & International Business) SOCIETY & PEOPLE...
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This note was uploaded on 03/03/2010 for the course ,,, ,, taught by Professor ,,, during the Spring '10 term at Yeditepe Üniversitesi.

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