Meet the animals, each one of the different species has a different function in the animal. They are going to explore each species group.
Mixed Economy
These are the bees. The bees listen to one bee and that is the queen. The queen bee tells them what to do, and that is command economy. Command economy is when the queen bee is in control of everything in the hive.
Market Economy
Next up is the snails. The snails are very slow. The snails represent traditional economy. Traditional economy is when goods are produced that have always have been produced. Usually, the goods are produced slowly, so that is why the snails represent traditional economy.
End of Adventure
Here lies the wolves, the wolves represent mixed economy. The alpha leader wolf is in charge of what the pack does, but the pack has seperate roles and family bonds then the alpha. Also, the alpha wolf lets the pack do what they want while keeping them in line. Mixed economy is a combination of market and command economy, and the wolf pack represents mixed economy.
Last exhibit is the ants, the ants run on a market economy. While still having the queen ant, the ants still do most of the work such as collecting food and building shelter. The queen ant is just there to get feed and the queen ant supervises the hill. This represents market economy. While still having a government, the people control the resources similar to the working ants.
Now the adventure has come to an end. The animals have taught us about each type of economy which is market economy, command economy, traditional economy, and mixed economy by simply living how they live. Thank You animal adventure!
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