Different Economies

Different Economies

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  • OMG! They are really hard to get and I really want them, thank you so much.
  • Market Economy
  • It's not a problem I just had to go to a few different stores to find the right price.
  • Command Economy
  • In this country the government controls how much that bottle of Arizona cost.
  • Mixed Economy
  • I Control the price of my menu items and the government charges taxes.
  • Allows an economy with no government interference. Allows for competition; Goods, prices, and services determined by supply and demand.
  • Traditional Economy
  • We sell vegetables and chicken eggs for profit. 
  • fHere on my farm we grow different kinds of vegetables, raise our own chicken and stock life, and hunt our own game.
  • Government has control of the economy, and controls production, prices, and resources of goods and services.
  • A mix of a market and command economy, with characteristics of capitalism and socialism.
  • Traditions, customs, and beliefs shape the economies goods and services. Mostly found in rural areas and farms.
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