Download Comparing countries KEY

Comparing European Economies:
United Kingdom, Germany, & Russia
Directions: After reviewing the PowerPoint on European Economies, fill in the chart below with information that you have learned.
Economic
System
What to
produce?
Business
United
Kingdom
How to
produce?
Business and
Limited
Government
Natural
Resources
Coal, petroleum,
natural gas, iron
ore, lead, zinc,
gold, tin
Arable
Land
24.88%
33.25%
Literacy Rate
99%
Unemployment Rate
7.2%
Live in
Poverty
16.2%
GDP Per Capita
Economic Problems
$37,500
-unemployment
-depletion of natural resources
-improving public services (which
means that the country will have to
raise taxes.)
99%
5.3%
15.5%
$39,500
-modernizing the former East
German economy (annual transfers
from west to east of $80 billion)
-unemployment
-over depletion of natural
resources
-pollution
-improving public service (which
means that the country will have to
raise taxes.)
-24.88% arable
land to use for
farming
Who to produce
for?
Consumers
Economy
MIXED ECON
What to
produce?
Business
Germany
How to
produce?
Business &
limited gov’t
Who to produce
for?
Consumers
Economy
MIXED
Coal, lignite,
natural gas, iron
ore, copper,
nickel, uranium,
potash, salt,
construction
materials, timber
33.25% arable
land
Russia
What to
produce?
Business
Oil, natural gas,
coal, minerals,
timber
How to
produce?
Business and
limited
government
7.11% arable
land
Who to produce
for?
Consumers
Economy
MIXED
ECONOMY
7.11%
99.7%
5.8%
11%
$18,100
-natural resources are difficult to
use because of the harsh climate,
size and few navigable rivers.
-moving away from the former
command economy of the Soviet
Union and letting the public have a
greater influence on the economy
-unemployment