Types of Economic Systems 2019-2020

In my country, business is based on competition. Success comes from doing something better and cheaper than your competitors. As long as the business doesn't break any government regulations, they can produce and sell whatever products they choose.

• Traditional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

In my country producers decide what and how much to make based on what people want to buy. There are no government regulations.

• Traidtional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

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

• Traditional

• Command

• Market

• Mixed

In my country, the government has some involvement in the economy, but business owners can also make some decisions about their products/services.

• Traditional

• Command

• Market

• Mixed