Economic Systems

Economic Systems
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  • 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. 
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