Homework: Economic System Infographic

You can pick any country you want besides the United States. You will create an
infographic describing and showing the country you chose economic system.

Your infographic should include the following 5 pieces of information:

1. Name of country AND picture of country’s flag

2. Population
3. Type of economic system
4. Answers to how the country answers the three economic questions:
a. How are goods and services produced?

b. What goods and services are produced?

c. Who consumes the goods and services?

5. Needs at least two pictures or symbols that represent the Country/ Economic
System

Your assignment should be neat for full credit. You can make it on Canva, Google
Slides, or on Paper. Needs to be Submitted on Google Classroom.

Helpful Website: https://www.cia.gov/the-world-factbook/

Rubric: Economic System Infographic (20 points)

1. Name of country AND picture of country’s flag (1 point)

2. Population (.5 point)
3. Type of economic system (.5 point)
4. Answers to how the country answers the three economic questions:
a. How are goods and services produced? (4 points)

b. What goods and services are produced? (4 points)

c. Who consumes the goods and services? (4 points)

5. Needs at least two pictures or symbols that represent the Country/ Economic
System (4 points- 2 points per picture)

Your assignment should be neat for full credit. (2 points)

Population: 328 million people

Type of Economic System: Mixed Economy- favoring

Capitalism

What goods and services are produced?

- The US’s produces a wide range of goods and

services from agriculture to oil to industrial
machines. The US’s economy is now also widely
dependent on the service industry.

How are goods and services produced?

- Mainly by individuals who own the factors of

production, but the government also owns some
businesses.

For whom are goods and services produced for?

- People who can afford them, along with basics for

people who cannot.