Economy

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  • Free-Market Economy
  • Lets go eat!
  • Mixed Economy
  • Command Economy
  • We have the same car as everyone!
  • Government cannot control, and customers have the most power.  Competition is good, and the profit is good. (United Kingdom/United States [1788-1945]
  • These places believe that some control is okay, and they believe that some competition is fine. The government owns the buses, but someone can own their own car. (Britain, France, Germany, US (debateable)
  • This is completely controlled by the government. They decide the cars, income, and you cannot have competition. These places believe everything needs to be equal throughout everyone. (Soviet Union, North Korea, and Cuba)
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