Terrell´s Storyboards

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  • Mixed Economy
  • What is a Mixed Economy?
  • A mixed economy is con 
  • Market Economy 
  • Capitalism is often called the "free" enterprise system" 
  • In a Market Economy, all economic decisions are take by market forces of demand and supply.
  • In a market economy the exchange of goods,services,and information take place freely according to the supplier and the buyer. 
  • Traditional Economy 
  • Traditional Economy
  • Trading a handmade pottery for corn and wheat
  • Only things made by hand 
  • Tend to discourage new ideas and new ways  of doing things 
  • Less choices and a low standard of living 
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  • Command Economy
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