1. Prepare a 10-slide PowerPoint Presentation. This presentation should compare and contrast the various economic systems. (see example below) EL The PowerPoint should give a visual representation of the differences in the three economic systems. b. Five comparison points for each of the three market systems should be included. An example should also be included. The same bullet points would be used on different slides if a comparison or contrast works Command 45, 68 Government plans goods and services that a country produces, the quality in which they produce, and prices in which they are sold. The government allocates resources for the "Good of Society" Government can suggest them to make investigates that are in the best interest of the nation as a whole rather than private individuals. State-owned enterprises have little incentive to control costs and be efficient because they cannot go out of business. Dynamism and innovation are absent from command economies. Companies tend to stay stagnate and tend not to be more prosperous, such economies tend to be stagnate Market 44-45 All activities are privately owned, and not owned by the state Production is determined by supply and demand, if supply exceeds demand then prices will fall, if demand exceeds supplies the prices will raise. Supply must not be restricted, if it is restricted by monopolizes then they control the cost of supply to all the cost to go up and make more profit. The government can't control them but they can encourage free and fair competitions between competitors. Private ownership encourages fierce competition and economic efficiency Gives the companies better ways to save funds, and more efficient than their competitors Mixed 45-46, 68, 77 Certain sectors are having state ownership and government planning Other are left to private ownership and free market mechanisms