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Market vs Command Economies

Today you are researching the two major types of economies, command and market. You will use the links below to fill in the graphic organizer. Then answer the questions below.

The Guardian
Index Mundi
Index of Economic Freedom
CIA.gov
Quickonomics


South Korea
North Korea
Natural Resources





Land Use





Industries





Population





Literacy Rate





Infant Mortality





Life Expectancy





Government Type





GDP Per Capita





Exports ($)





Imports ($)





Is Famine a Problem?





Economic System





Economic Freedom Index and Rank





Debrief Questions:

1. Which country has access to more natural resources?





2. Why do you think one country is dealing with a famine and the other is not (even though their land use devoted to agriculture is similar)?





3. Who controls the resources and answers the three basic questions in each country?





4. Where would you want to live? Justify your answer using your research.

1 Answer

4 votes

Answer:

1 Russian

4 south Carolina they have nice place and i love traveling

User Amiraslan
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