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  • The Wealth Practice
  • The Wealth Practice
  • Traditional Economy
  • All the food I need to strive off of and live!
  • Market Economy
  • I'm thinking about buying 5 buggatis
  • Darling?? How about we go to the auction for the 'Apple of Eden'. I heard it only costs 4 million euros.
  • Explaination fo system country that matches system strenght and weakness
  • Command Economy
  • A traditional economy sustains original traditions, beliefs,  and customs. This helps shape who rules and distributes independently. Some countries that take part in this economy are Africa, Asia, Latin America and the middle east. A strength is that people are given the power to have individual trades but supply remains limited since only raw materials are used. 
  • Mixed Economy
  • A market economy is an economic system in which the people with more power/money can have demand, guided by price signals. Some countries who take part in this economy are China, Hong Kong, and Singapore. One strength a market economy has is that it is easy to obtain products to consumers based on supply and demand but can create monopolies. which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand. 
  • Purification Economy
  • A command economy where everyone is payed equally and is decided by the government. Some countries who still take part in this economy are Cuba, Soviet Union and North Korea. One advantage is that everyone has a job but everyone is controlled by the government.
  • Please Mistress. Help us!
  • You are all peasants. I don't care if you are a doctor or a librarian. You will be payed the same
  • A mixed economy system combines both private (Market) and public (Command) enterprise. Some countries that take part in this are France, United Kingdom and the United States of America. An advantage is a combination of private and personal decisions but can be unequal and face poverty. 
  • We want equality. Let there be 900 Genders because we are not under god but people born to make our own decisions.
  • The Purification economy requires 90% agreements in decisions. Nothing is done without the consent of another partner. No countries take place in this economic system. It has nor advantages nor disadvantages because it has never been tested.
  • We all agree.
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