different economy's

different economy's

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  • We live in a traditional economy! We hunt and fish mostly. Lets look some others and teleport there!
  • Looks like we landed in a market economy!This means businesses and consumers make economic decisions. This is most free-trade and market forces!
  • Lets see what our next economy is! 
  • Whats Next?
  • This is a command economy. Everybody here works and contributes, while the government takes care of what they need. This is not a very efficent system since everyone is paid the same. They have low competition.
  • Welcome to your average mixed economy!  These countries let the government and the people control economic decisions. Some examples are France, Sweedend, and Iceland. 
  • Thanks for the journey! We'll see you next time!
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