Traditional Economy: bartering is used (trading without using money), hunting, fishing, gathering, only in small villages , If my parents were peanut farmers, I am going to be a peanut farmer too, Market Economy: supply and demand , Free enterprise , businesses and private individuals make all the economic decisions , the private sector is in charge, USA economy mainly, relates to democracy, Command Economy: The government makes all the economic decisions, North Korea mainly, The Soviet Union's economy mainly, communist governments, No private business, Cuba's economy mainly, Mixed Economy: Both businesses and the government make economic decisions, All countries have this type of economy, Has characteristics of both command and market economies, Mexico and Brazil, Canada,
0%
Economic Systems24
Share
Share
Share
by
Jpainter
G8
Geography
Global Issues and Interdependence
Edit Content
Print
Embed
More
Assignments
Leaderboard
Show more
Show less
This leaderboard is currently private. Click
Share
to make it public.
This leaderboard has been disabled by the resource owner.
This leaderboard is disabled as your options are different to the resource owner.
Revert Options
Group sort
is an open-ended template. It does not generate scores for a leaderboard.
Log in required
Visual style
Fonts
Subscription required
Options
Switch template
Show all
More formats will appear as you play the activity.
Open results
Copy link
QR code
Delete
Continue editing:
?
