In Country D, business owners make the most economic decisions. As long


as they abide by the Fair Trade policies, they can decide what to produce,


how to produce, and for whom to produce without government


intervention. These decisions are made by business owners based on what


happens in the market. For example, a computer manufacturer recently


developed a new video gaming system but decided to wait until closer to


the holidays to release the system to the public because it believed


anticipation among consumers would allow the company to charge a


higher price for the system


Mixed Economy


Market Economy (Free Market)


Command Economy (Central Gov Economy)


Traditional Economy

Answer:

Allocation & Economic Systems

1. ALLOCATIONPREPARED BY SUE QUIRANTE FOR AP 9 & 10 RTPM-DSHS

2. USAGE NOTES • These are slides I use for my lectures on allocation and economic systems, a first quarter topic in Economics under the K to 12 curriculum in the Philippines. • All copyrighted materials were lifted from their respective sources under the spirit of fair use. As such, I am uploading these slides in the interest of helping out other public school teachers like me. This material should not be used for any commercial purpose. • Last modified: October 9, 2016

3. “ There isn’t enough to go around.” ~John

4. mekanismo ng pamamahagi ng pinagkukunang- yaman, produkto at serbisyo

5. Four Basic Economic Questions 1 What to produce? 2 How to produce it? 3 How much to produce? 4 Who gets what is produced?

6. Four Economic Systems

7. ECONOMIC SYSTEM consists of a matrix of: 1. social institutions (law, political institutions, religion, etc) 2. agents (individuals or actors) 3. organizations (corporations, unions, charitable org, not-for-profit firms, etc) 4. society (includes principles, beliefs, values)

8. ECONOMIC SYSTEM • function: coordinate the activities of agents in the processes of provisioning and allocation • most economies are a mixture that includes elements from all 3 types

9. Traditional Economy The Inuit tribes of Alaska

10. TRADITIONAL ECONOMY • evolved over time (traditions & custom form gradually) • rate of change is slow • rules of trade not apparent as economy but as moral system • medieval European rules against charging interest on loans—considered a sin in the Christian faith of the time

11. EXAMPLES • pre-modern Europe • pre-colonial tribes in the Americas, Australia, Africa, and Pacific islands

12. Command Economy

13. Command Economy• an overseeing government decides how resources are distributed amongst individuals within the system • trade and individual choice at the consumer and worker level is minimal or, in some cases, entirely non-existent • ideal: efficiency, equality

14. Command Economy• equality: by making sure to allot everyone an equal amount of wealth • in reality, the distributors of wealth at the government level often hoarded wealth for themselves

15. Market Economy • individuals meet in markets and decide what economic decisions they want to make for themselves • ideal : efficiency, freedom • emphasis on trade • exchange of goods and services

16. Mixed Economy • usually allow most people to decide how to obtain and spend capital, what work they would like to pursue, how much they would like to save, and what lifestyle they want to enjoy

17. Mixed Economy • at the same time, a command- based system from the government places restrictions on making choices and encourages market participants to move towards one decision over another

18. Synthesize What You Have Learned Who makes this decision? TRADITIONAL COMMAND MARKET MIXED What to produce? How to produce? How much to produce? Who gets what is produced? Dis/Advantage

Paying taxes, voting, jury duty and obeying the laws are all examples of-

Personal Responsibilities

O Government Responsibilities

O Civic Responsibilities

O Mandatory Responsibilities​

Do you think Americans have too much or too little freedom of speech? Explain

After deciding not to served alcohol to two suspected minors, what is the next appropriate action?

Some states hold a(n)_____ in which a group of people get together and discuss who they would like to choose to represent their political party before they vote.

Caucus

O Winner-Takes- All O

Incumbent

General Election​

One of the following is not a democratic right





The Right to Vote and to be elected

Freedom of thought, conscience and religion.

Freedom of Association

Right of Thought, Opinion and ​

With an empty shopping bag in hand, Jimmy
Jacobs went into Sears & Roebuck at Fair Oaks
Mall. While in the store, he placed a $35 Land's
End shirt and a $40 pair of Wrangler jeans in the
bag. He left the store without paying for the items. A Sears security officer apprehended
Jimmy outside in the parking lot. Jimmy can be charged with:

A. embezzlement
B.larceny
C.larceny by trick
D.robbery

Pick three specific alternatives and discuss how said treatments can improve the overall
quality of the juvenile justice system in the US. What are the limitations of these specific
alternatives?

Discuss the administrative law.​

1. When Congress overrides a Presidential veto, it:
Rejects a law the president has asked it to approve
O Passes into law a bill the president has rejected
O Asks the president to approve a bill
Overrules a decision made by the Supreme Court

Jake thinks the truck is his own separate property.he can offer evidence and argue against the presumption. True or false?

Assume a loan balance of 174000 a monthly payment of 1395

Who wrote men therefore in society having property, they have such a right to the goods, which by the law of the community are theirs, that nobody hath a right to take their substance or any part of it from them, without their own consent, without this they have no property at all

Which of the following is NOT a measurement taken for the Bertillion
Signalment?
a- trunk height
b- wing span
c- right forearm
d- head length and width

Question 3 of 10
Which option is an example of a low-risk investment?
A. Stocks
O B. Hedge funds
C. Savings accounts
O D. Mutual funds

WHAT IS Oof???????????????????????????

Why do internet crimes occur?

Question 7 of 10
Which situation would allow a country to increase the goods it imports
despite spending the same amount of money?
A. The country's government approved an increase in its trade deficit.
B. The country's currency experienced a major decline in interest
rates
C. The inflation rate of the country's currency increased
D. The exchange rate for the country's currency increased