economic systems

economic systems

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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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