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SS6E5c. Compare the basic types of economic systems
found in the United Kingdom, Germany, and Russia.
SS6E5a. Compare how traditional, command, and market
economies answer the economic questions of (1) what to
produce (2) how to produce (3) for whom to produce
SS6E5b. Explain how most countries have a mixed
economy located on a continuum between pure market
and pure command.
Use the Economic Systems of Europe
Graphic Organizer to record your information
 Service industries like banking, insurance, and
business services account for most of the UK’s
gross domestic product
 Over the decades, the government has turned
over many state-owned companies to private
ownership setting up free market competition
 In short, the United Kingdom has a mixed market
economy because some of its economy is driven
by producers, consumers, and markets while
other aspects of its economy are controlled by
the government
 An export-based economy focused on manufacturing
and products [relies on global markets]
 There is also still an issue with updating the Eastern
German economy to compete and operate equally
with Western Germany [Western Germany invests money
in Eastern German states to help modernize and update
factories and production lines. West Germany had to bring
East Germany’s command economy into its market economy]
 Germany’s economy combines a market system,
some government control, and even social welfare
where help is given to the poor
 Russia has struggled as it transitions from a
command economy under the Soviet Union to a
mixed market economy today
 Many government-owned companies are being sold
to private businesses, but the Russian government
is still largely involved with many aspects of the
 Russia faces financial problems and huge costs to
improve its old plants and industries to be more
Think, Pair, Share:
Answer the question on the bottom of your
graphic organizer.