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4 Types of Economies
North Korea - Command Economy
Canada (N.W.T) - Traditional Economy
United Kingdom - Mixed Market Economy
Germany - Free Market Economy
MIXED MARKET ECONOMY
Hey! I just caught some fish! Want to trade something for it?
The cat goes to the lovely lady in the pink!
FREE MARKET ECONOMY
$20! $30! $300!
Alright everyone! Your resources have been distrubted equally. You may now take your basket.
I go to a private university. It's expensive, but it's great!
I go to a public university. I barely pay any money.
Wow! You did great! As a bonus, here is an extra $10.
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