By chiron, Updated
This storyboard does not have a description.
Lets talk about the economy
This looks like a Command Economy
In a Command Economies the government makes all the decisions on goods and services.
HEY! This looks like a Market Economy
In a Market Economy A free system controlled by supply and demand in a Market Economy
The next economy is a Mixed Economy
In a Mixed Economy their is a system that uses characteristics of market and command
in a traditional Economy people specialize in one good or service then trade or barter
Th next Economy is a Traditional Economy
Those are all the different types of the Economy!
Explore Our Articles and Examples
Try Our Other Websites!
Photos for Class
– Search for School-Safe, Creative Commons Photos (It Even Cites for You!
– Easily Make and Share Great-Looking Rubrics
– Create Custom Nursery Art