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- Sure son. economics is were there are bussiness like what do they make or how do they make it and finally who are we making it for?
- Hey dad I was learning about about europe economics and i was wondering what types of economics there .
- Sure no problem sweetie. a tradtional economics is where they produce neccercary things like food, clothings, and shelter. They make this by using skills from learning from there parents. Also, they make these items for ae rank and social status.
- Excuse me sorry to bother you but could you please tell me about a tradtional econony of europle if you don't mind.
- Sure. Market economy produce whatever they want to do. And they can produce anythin the way they want to. And finally, overall they get to choose what they want to buy based on there good prices.
- Hey emma I was wondering if you could tell me about the market economy for europe.
- excuse me Could you help me with a question? I was wodering if you could tell me about Command economys.
- Sure thing sugar. A command economy is where the overment tels you what to make. And the goverment own all businesses and resources. It decides how it wil me made and who will make them. Also, the goverment chooses who gets the products and how much of it.
- Excuse me can you tell me about the mixed economy in the UK?
- Sure there bud. A UK economy is a econmy that is mostly a market economy it is mostly people trading and bargoning. And some goverments is apart of it but not most of it.
- Hey ghost I was wondering if you could tell me about germany mixed economy.
- Sure thing Germany is bettwen and market and command economy. They are controoled the goverment but they also have the chance to do market.
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