Let me see how much the Co-Pay for this appointment is first
Daddy can we go to carters and get new T-shirts after this?
my mother sent me to the market to trade this loaf of bread for 6 eggs
A mixed economy means some parts of the economy is run by the government and the rest is left to the people. Most businesses are run by the people then things like health care and education are left to the government. Examples: France, U.S., United Kingdom
In a Traditional Economy relies on beliefs and traditions, most trades are between individuals not businesses. The advantage is it keeps the environment healthy a disadvantage is that the process to acquire the items is long, and the economy itself isn't open to influences or change. Examples: Africa, Asia, Latin America and the Middle East
In Command Economy the government decides what to produce, how much to produce