ECONOMIC

ISSUES
Trisha Mae A. Francisco
Table of contents
01 02 03
Types of Economic
Definition Problems & Issues
Issues
What is Economy? Is Economic Issue a
real problem in the
Biggest Problems !!
society?

04 05 06
Possible Solutions Nation’s Problem Conclusions
Ways to avoid. The Government’s Ending it here.
obligations.
01. WHAT IS
ECONOMIC
SYSTEMS?
DEFINITION
AND PURPOSES
 Introduction
An economic system is a means by which
societies or governments organize and
distribute available resources, services, and
goods across a geographic region or
country. Economic systems regulate the
factors of production, including land,
capital, labor, and physical resources.
All about our Economy.
What is Economy?
An economy is a complex system of interrelated production, consumption, and exchange activities that
ultimately determines how resources are allocated among all the participants.

What about Venus?

An economic system is a means by which societies or governments organize and distribute
available resources, services, and goods across a geographic region or country

What is the importance of having a balanced economic system?

A balanced economy suggests that economic growth is sustainable in the long-term, and the economy is
also growing across different sectors and not focused on one particular industry or area.
“Labor was the first price, the original
purchase-money that was paid for all
things. It was not by gold or by silver,
but by labor, that all wealth of the
world was originally purchased. ”
—Adam Smith
ECONOMIC PROBLEMS OR ISSUES
Current situation
An economic problem generally means the problem of making choices
that occurs because of the scarcity of resources.

01 02 03 04
Corruptio
Scarcity Inflation Unemployment
The state of An increase in the Being unable to n conduct
Fraudulent
prices of goods and by those in power
being scarce find any work
services

Problems
 DEFINITIONS
SCARCITY
Scarcity is one of the key
concepts of economics. It
01 means that the demand for
a good or service is greater
than the availability of the
good or service.
INFLATION
Inflation is a rise in
02 prices, which can be
translated as the
decline of purchasing
power over time.
UNEMPLOYMENT
Unemployment occur
04 s when someone is
willing and able to
work but does not
have a paid job.
CORRUPTION
Corruption is a form of
05 dishonesty or a criminal
offense which is
undertaken by a person or
an organization which is
entrusted in a position of
authority, in order to
acquire illicit benefits or
HOW TO DEAL WITH ECONOMIC
CRISIS?
Awesome
words!