Hi, my name is Jack Robert. I am a farmer. Life is hard for us farmers. I live in a village in Africa. We share food in the community. I share my food that is produced, and the other village members share the food they gathered.
Traditional Economic System
The Economic Systems
Command Economic System
Hey, my name is Percy Princeton. I own 23 farms. But, the government is telling what prices, and types of food to grow. They are setting quotas. This is unfair, I want the ability to grow my choice of foods in CHINA!
Market Economic System
Hi, my name is Michael Smith. I work for Apple. We are currently dominating Samsung, in Hong Kong. All the people love our new phones.