The Economy

The Economy

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  • Command Economy  
  • But I got bills to pay
  • Everyone getting paid 5 dollars an hour 
  • But I graduated from Harvard
  • Traditional Economy
  • So how much do you want for your soul ?
  • Honestly, I'll give you the village or some cows from the barn 
  • Market Economy
  • Wassup with the cyph after this ?
  • That's  Great now we cand expand our brand and make more
  • Congratulations We just made a mil off the Bit !!
  • An economy in which production, investments, prices and incomes are all controlled by the government 
  • Mixed Economy 
  • An economic system that follows old traditions that help shapes beliefs , goods and services 
  • An economic system in which business owners have complete control over their own incomes and resources without involvement of the government 
  • A mixed economy is a combination of a Command and a Market Economy  . Pros- It encourages innovations to meet customer needs creatively, cheaply or efficiently  Cons-  If the economy has too much freedom then there would no competition
  • Alright So , You can have the record deal but you have  to split it 50/50
  • A Deal is A Deal 
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