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another economic system is a market economy. The economy is based on supply and demand. Businesses answer what goods are produced and how to produce them. The consumers answer who will reicive the goods.
What's another economic system?
It is the system that Canada has.
Some indian tribes are traditional.
What system are we in now?
This is the traditional system. It is based on customs, beliefs, and traditions. The village answers all 3 of the main questions.
Its the system that China has.
This is a command economy. This economy is based on the government choices. The government answers all three questions.
What economy is this!?
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