economic systems

economic systems

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  • Types of Economic Systems
  • Traditional
  • true. they use us and keep it simple
  • its tradionaaahhhh!!!
  • Mixed
  • Juast make sure not  surpass the regulated levels of sugar. 
  • I have my own bakery now. Im sooo happy. 
  • there are different types of economic systems that are either good or bad for the country and its people
  • Command
  • Traditional economy is where people follow traditions, beliefs and customs. this helps produce goods and services afor the people. This type of economic system is usually farm-based, which does less harm to environment. 
  • Market
  • A mixed economy is made of half command and half market. there is a little government intervention but it is mostly private or personal decisions made. 
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