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Market Economy vs Planned Economy

Which is a better way of distributing resources- a market economy or a planned economy?

Use the country fact-files to build up evidence to support one side or other in a debate.

Some common things to look for:

Structure of the Economy
Real GDP growth rate (an indicator of income growth)
GDP per capita (an indicator of average income)
Gini index- a measurement of inequality (25 is very equal, 67 is very unequal)
Life expectancy at birth
Literacy rate

USA:

https://www.cia.gov/the-world-factbook/countries/united-states/#economy

http://hdr.undp.org/en/countries/profiles/USA

UK

https://www.cia.gov/the-world-factbook/countries/united-kingdom/#economy

http://hdr.undp.org/en/countries/profiles/GBR

Sweden

https://www.cia.gov/the-world-factbook/countries/sweden/#economy

http://hdr.undp.org/en/countries/profiles/SWE

Cuba

https://www.cia.gov/the-world-factbook/countries/cuba/#economy

http://hdr.undp.org/en/countries/profiles/CUB

North Korea

https://www.cia.gov/the-world-factbook/countries/korea-north/#economy

Belarus

https://www.cia.gov/the-world-factbook/countries/korea-north/#economy

http://hdr.undp.org/en/countries/profiles/BLR

Japan

https://www.cia.gov/the-world-factbook/countries/korea-north/#economy

http://hdr.undp.org/en/countries/profiles/JPN

Explore other countries:

https://www.cia.gov/the-world-factbook/countries/

http://hdr.undp.org/en/countries