Unknown Story

For whom to produce the tribe or family group.
traditional economy
How to produce farming, hunting, fishing, herding, and gathering
What to produce, farming, hunting, fishing, herding, and gathering
For whom to produce, the government
Command economy
How to produce, production is decided by government agencies, who decide the most socially efficient goods to produce.
What to produce, The government decides the means of production and owns the industries that produce goods and services for the public.
How to produce, a government intervenes to disrupt free markets by introducing state-owned enterprises
Mixed economy
What to produce ,some free-market elements and some socialistic elements
For whom to produce, goods and services are produced and how they are distributed.
How to produce,the producer gets to decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees.
For whom to produce,businesses responding to the wants and desires of consumers.
Market economy
what to produce, , the wants of the consumers and the profit motive of the producers will decide what will be produced

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