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types of economies
Updated: 9/29/2020
types of economies
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Storyboard Text

  • Economy Idol tryouts
  • welcome to economy Idol!!!
  • 1st contestant
  • hi what economy are you?
  • Market economy
  • A market economy is an economic system in which descions and pricing of goods and services are guided by interactions of citizens and businesses
  • ok go ahead
  • so good thank you!
  • 2nd contestant
  • hi what economy are you?
  • mixed economy
  • A mixed economy is a system that combines both capitalism and socialisms and protects private property and allows a level of freedom the government has a little of interference
  • ok go ahead
  • ok thank you!!
  • 3rd Contestant
  • hi what economy are you
  • traditional economy
  • Traditional economy is a system that relies on customs, history, and beliefs societies depends on agriculture, fishing, hunting
  • ok go ahead
  • Thank you!
  • hi what economy are you?
  • 4th Contestant
  • command economy
  • Command economy is when the government controls how much goods should be produced and the prices the goods should be
  • ok go ahead
  • very good thank you!!
  • Winner
  • The winner is mixed economy
  • Click To EditThe winner is Mixed economyHelpEscapeInsert ParagraphUndo the last commandRedo the last commandTabUntabSet a bold styleSet a italic styleSet a underline styleSet a strikethrough styleClean a styleSet left alignSet center alignSet right alignSet full alignToggle unordered listToggle ordered listOutdent on current paragraphIndent on current paragraphChange current block's format as a paragraph(P tag)Change current block's format as H1Change current block's format as H2Change current block's format as H3Change current block's format as H4Change current block's format as H5Change current block's format as H6Insert horizontal ruleShow Link DialogSummernote 0.8.18 · Project · Issues
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  • congrats!!!
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