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  • There's a traditional economy,command,market,and mixed economy
  • Economy-The method used by a society to produce and distribute goods and services.
  • Traditional Economy-People specialize in one good or service then trade and Barter goods.
  • lets trade?
  • here we do trades
  • Command Economy-The government makes all decisions on goods and services.
  • My decisions on these goods are....
  • Market Economy-A free system controlled by supply and demand.
  • I like going to the market to buy my
  • Mixed Economy-A system that uses characteristics of market and command.
  • Some places and countries have different economy's. In the USA we have a mixed economy.
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