By Matt Squillario and Preston Vassar
How many economic systems are there?
Bruh, there are 4.
What is this place? Where's all the food?
This is a traditional economy. So we hunt for our food and mostly everything we do is passed down from family like traditions and beliefs , like eating chicken every friday at the neighbors house.
Where did we go now??
People have very little freedom in a command economy.
This is a command economy. In a command economy, the government decides how resources are used and what goods and services are produces.
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