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  • Today we are going to talk about different types of economies.
  • A traditional economy is when people specialize in one good service then trade barter goods.
  • Do you want to trade my sushi with your spear?
  • Sure.
  • A command economy is when the government makes all the decisions on good and services.
  • We are going to make good services on soda!
  • A market economy is a free system control by supply and demand.
  • I will take it.
  • We sell tiaras for sale.
  • A mixed economy is a system that uses characteristics of market command.
  • Why do you only sell apples?
  • We sell omly apples because the government  told use only to sell these.
  • We thank you for this presentation.
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