Fundamental Principles of Economies

Venn diagramUsing the information about economic systems that you learned in this topic, construct a Venn diagram to organize your thoughts in making comparisons between at least two of the economic systems. Your diagram should include two circles that overlap in the middle. Each circle should be labeled with the names of one of the economic systems. In each economic system's individual circle, list three unique characteristics that pertain to that system only. In the area where the circles overlap, list three characteristics that these two economic systems share. A sample Venn diagram for this assignment is shown above.

In order to complete this assignment you can:

  • Create a hand-written diagram with illustrations and labeling. Then, take a digital photo of the completed work and submit the photo file to the dropbox.
  • Create a hand-written diagram with illustrations and labeling. Then, scan the completed work and submit the scanned file to the dropbox.
  • Create a digital diagram using available software (e.g., a presentation, publishing, paint, or graphics application). Submit the completed file to the dropbox.

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Once you have completed your economic systems flyer, submit your assignment to the dropbox.