Economy

Economy
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  • Free-Market Economy
  • Mixed Economy
  • Command Economy
  • In a Free-Market Economy, everyone is given many choices. In this picture, these two individuals have two different items, demonstrating that everyone has the right to different choices. Also, in a Free-Market Economy, they believe that less government involvement is better.
  • Mixed Economies offer both Free-Market Economy traits, and Command Economy traits. Some things are run by the government, while others are in control of the people. There is some government control. 
  • In a Command Economy, all citizens are equal. There is total government control. There are no choices, and everyone receives the same thing. 
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