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School
I will first research what the four economy's are and an example of them.
Take a virtual tour with me! Im your tor guide Madi!
USA
Market economy
Canada
Mixed economy
In History class, the students are suppoed to research what the 4 economies are in the world. They have to figure which country best shows an example of each economy. With this, they need to make a slide show explaing each one.
North Korea
Command economy
Market economies are economies that the resources are owned and controlled by the people of the country.The U.S has became more of a Market economy over the years because it is more controlled ny the people. They vote for things they want there country to have or be apart of.
Haiti
Canada is an example of a mixed economy. Mixed economy is economies that combine command and market economies. In some aspects it is controlled by the goverment and others is controlled by the people.
School
Command economies are resources that are owned and controlled by the goverment. North Korea is a very controlled country by the goverement.
Traditional economy is based mostly on the history. It was a time that someone started doing something to beome a tradition and it has continued down the years, as it formed a
Traditional economy
That was a virtuial tour for the 4 economies. Thank you for coming along and learning different examples.

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