Types of Economic Systems

In my country, business is based on competition. Success comes from doing something better and cheaper than your competitors.

In my country, central planners decide when we should expand old factories and build new ones.

In my country, I know that all my needs will be met, but not my wants.

In my country my job is the same one that my family has done over the past 200 years.

In my country, the government controls the economy. It assigns jobs, sets production goals, and decides wages.

In my country producers decide what and how much to make based on what people want to buy.

In my country, the government has some involvement in the economy.

In my country, the government makes all the economic decisions.

,In my country, the government tells me where to work.

In my country we have no need for money. By custom, some of us hunt, others farm, and we are all taken care of.