There are 4 different economic systems. Market,Command,Mixed and traditional.
Get ready to learn !!!!!
These are the 4 different economic systems.
JOBS FOR EVERYONE!!!!
Each slide holds information for every economic system.
Lets make some money!!
Traditional economic system runs on old school systems, like hunting and gathering, agriculture not ran by the government.
A command economy is ran by the government and has jobs for everyone! This system doesnt allow private ownership.
The government is taking over this farm to start a business, this is a mix of command and traditional economic systems.
This is a Market economic system, you can tell b/c a barbershop is a company where the customer is in supply and demand. They demand a haircut and the barber shop has the supplies to fulfill the customers needs.