Economic system:, how a country decides to make, share, and use goods and services. It helps answer questions like what to produce, who makes it, and who gets it., State-led economies:, when the government is in charge of most parts of the economy. It may own businesses and decide what goods are made and how they are sold., Democratic socialism:, a system where people vote for leaders, and the government helps control important services to make things fairer for everyone., Capitalism, a system where people and businesses own things and make money by selling goods and services. Prices and choices are mostly decided by the market., Planned obsolescence:, when a product is made to stop working or go out of style after a short time, so people will buy a new one., Circular economy:, a system where people try to reduce waste by reusing, fixing, and recycling things instead of throwing them away., Carbon footprint:, the amount of pollution, especially carbon dioxide, that a person or activity creates., Land tenure:, about who owns land or has the right to use it and for how long, Participatory design:, when people help design something by sharing their ideas and needs., Co-operative platforms:, businesses or apps that are owned and run by the people who use them, like workers or customers., Community land trusts, are groups that own land to help people in the community, often by keeping housing affordable., The tragedy of the commons:, when people overuse a shared resource, like water or land, because everyone is thinking about themselves, and it ends up getting damaged or used up..
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Rebekahshore45
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