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Image by bobster855 (flickr.com Some rights reserved ) All economies need to answer the three basic questions which result from the fact of scarcity: What to produce How to produce For whom to produce For a planned economy, we need to research the following: a) How it works – how does it answer the three [...]

Before moving on it is worth recapping the Demographic Transition model: BBC Scotland Animation of DTM Now we compare population structures (also known as age-sex structures or ‘population pyramids’) between MEDCs and LEDCs. The following animation should make sense before moving on: BBC Scotland Education Population Pyramid Flash Animation Now download the following worksheet and [...]