Intro to business

Intro to business

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  • The football coach let the players make their own decisions on what to practice as long as he confirms its beneficial because they get to make their own decisions while staying on task
  • Mixed Economy
  • Anthony and Jack's basketball coaches let them use the court however they want to, this is beneficial because people have free choice to do whatever they want
  • Market Economy 
  • Anthony and Jack's baseball coaches own their own field in their backyard.
  • Private Property 
  •  When Sammy and Victor practice soccer, they decide what to do whatever they want
  • Freedom of Choice
  • Chase and Sammy's hockey coach don't let them have any say in what they do or practice, this is beneficial because nobody gets off task and everyone puts in equal work.
  • Command Economy
  • Sarah and Mike still practice the way their parents taught them to, this is beneficial because its a stable way of teaching because nothing ever changes.
  • Traditional Economy
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