People sell their crops in village markets for items they need is an example of...

The way a country organizes how it will produce goods to meet the needs of its people

The government controls that goods and services are equally distributed to the people

Individuals own businesses and freely choose what to buy and sell in free markets with little government interference

People rely on hunting, fishing & agriculture to meet their needs

Families pass on their way of life to their children

Buyers and sellers make the financial decisions

Families pass on skills, land, and animals from generation to generation

Supply and demand determines how much an item costs

Many, but not all, businesses are owned & controlled by the government

Individuals can own businesses, but the government controls most social services

The food supply is rationed, or divided, so everyone gets the same amount. The government is in charge of this:

Citizens receive a free college education, but also have freedom to make their own career and business decisions