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  • The Trip Downtown
  • Urban Outfitters
  • Where are all of the clothes?!?
  • The Standard Resturant
  • Meet Bailey, Currently, she is on a trip to downtown Nashville, where she is going to visit most of the stores and navigate through the city. She will learn and see all of the differnt types of ways people run their buisnesses.
  • Nashville Gifts
  • I would like to buy that teddy bear!!
  • Bailey first decides to go Urban Outfitters. They do not make all of their products or own all of them because the government has control of their products. This is a command economy. A command economy is an economy in which resources are owned and conrtolled by the government.
  • Vici
  • After picking out clothes at Urban Outfitters, Bailey then heads to get something to eat at a resturant. The standard resturant is owned by two induvidual people. The government has nothing to do with this resturant. This is a market economy. A market economy is an economy where the resources are owned and controlled by people of the country.
  • Downtown Nashville
  • Next, Bailey decides to go to a souvineir shop to get her faimly some item from Nashville. Nashville gifts has some of the best souvineirs in downtown Nashville. All of the souvineir shops in downtwon Nashville compete to make the biggest profit. The governtment owns some of it ans so does the owners. This is a mixed economy. A mixed economy is a economy that combines elements from the command and market economies.
  • Okay!!
  • On the way to Vici, Bailey meets a stray dog. She runs up to Bailey and immediatly falls in love. So, Bailey brings to dog in to the Vici store. Vici has so many options of cute and unique clothes. They produce clothes effieciently like they always have been. They are very consistent with keeping their clothes and accessories in stock. This ia a traditotional economy. A traditional economy is and economy where goods and services are produced they way they have always been produced.
  • Bailey is done exploring the big city in Nashville, Tennessee. She experienced the different types of economies. She had a great time walking through the city while seeing and meeting many different people.
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