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  • Lets talk about the economy
  • This looks like a Command Economy 
  • In a Command Economies the government makes all the decisions on goods and services.
  • HEY! This looks like a Market Economy 
  • In a Market Economy A free system controlled by supply and demand in a Market Economy  
  • The next economy is a Mixed Economy
  • In  a Mixed Economy their is a system that uses characteristics of market and command
  • in a traditional Economy people specialize in one good or service then trade or barter
  • Th next Economy is a Traditional Economy 
  • Those are all the different types of the Economy!
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