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Market economy: resources controlled owned and controlled by people of the country.
Hey I understand you are homeless but you must get out of here ,maybe I can help you since this is my bussnes.
Ok sorry I just thought that I could stay here to stay 1 night but ok I undrstand, you do have controll over me.
This women is trying to find somewhere to sleep but this man owns the bussnes and has the right to help her but she can't sleep there
Command Economy: An economy which resources are owned and controlled by the goverement
Ava is getting weighed by a nurse for her monthly checkup that is required becuase of her condtions.
Tradtional Economy:When goods and serveics are produced the way they have always been
Tom and Maria are going out to a restraunt that they have always liked to go to since 2014 and many places around this restraunt got tooken down but this restraunt has always stayed there.
Mixed Economy:Combines elements of command and market economies.
Laura and Micheal are both wating for their foster mom but it is a mixed economy becuase both people for the goveremnt decide certain things
Katie made a lemonade stand spends one quarter to create one cup of lemonade. She then sells the drink for $2. Her profit on the cup of lemonade amounts to $1.75.
Joe is trying to get into a Private property that is property that is owned by an individual or group of individuals (such as a company or corporation),
PRIVATE PROPERTY

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