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- Goldilocks and the Four Economies
- Hi my name is Goldilocks from Goldilocks and the Three Bears. Today I will be going around and seeing what fits me just right
- Command Economy
- Hi Goldilocks, this is a place where the resources are owned and controlled by the government. So for example we control all the economic decisions.
- Hi, this place I do not like. It is to controlling and doesn't let me do what I want.
- Mixed Economy
- This is place where I can do somethings on my own and some get controlled by the government.
- NO! Why can't there just be place where it can be just right. Like where you can do your own things and not have to worry about the government controlling you.
- Hello, you are in Alaska right now. This is a place where everything is done how it has always been done like where customs and traditions are the elements that determine the way trade and commerce are preformed.
- This is the introduction, Goldilocks is going to go around trying to find where the best economy is.
- Traditional Economy
- Hi! I like this place but I am wondering if there is place where things could be controlled by the people in the country and not the government. It would be just right.
- The Command Economy is where resources are owned and controlled by the government.
- Market Economy
- I control my own business, the government doesn't control what they want to in this place.
- I like this type of place the best. I think it fits me just right
- The Mixed Economy is where some things are controlled by the government and somethings are what you can control.
- Ending
- I have finally found which economy fitted me just right. and it was the market economy. The market economy just makes me feel free and I feel like I can make my bussiness the way I want it without the government getting in the way.
- The Traditional Economy is an economy where goods and services are produced the way it has always been. For example in Alaska this is the type of economy they have.
- The Market Economy is where resouces are owned and controlled by the people of the country.
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