Traditions, customs, and beliefs help shape the goods and services the economy produces. In a traditional economic system, we only produce what is needed. This economic system is much more sustainable, low amount of production results in less waste.
The government controls large parts of all economic activities. The exact demands of a society can be met. The government control mostly valuable resources.
Mixture of market and command economy. Both private and government sectors can't maintain the economy alone, they're both important. Some governments tend to increase their power more than necessary.
In a market economy, the entire system is ran by the people. It allows an economy to experience the highest amount of growth among all 4 economic systems. The government isn't involved in the economy and doesn't control any resources. Private actors become extremely powerful.