SW Asian economies

SW Asian economies

​What is a command government?

• ​All economic decisions are made by the government.

• ​The government owns most of the property, sets the price of goods, determines the wages of workers, plans what will be made... everything.

• ​The system has not been very successful. More and More countries are abandoning it.

• ​ Click this link: https://study.com/academy/lesson/economic-systems-traditional-market-command-mixed.html

• ​copy and paste it in youtube.

Multiple Choice

what is  a command economy?

• ​All economic decisions are made by the government.

• Economic decisions are made based on the changes in prices that occur as buyers and sellers interact with the market place.

• All economic decisions are based on customs, Traditions and beliefs of the past.

​What is a traditional economy

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