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In the traditional economy the supplies coming in are controlled by a family leader or religious leader. This could have similar issues to the command economy. It will cause uncontrolled price spikes due to varying supply/service availability

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This would be the best economy for my business. I would control how much supplies comes in and when it does. I could then fluctuate based on cash flow and how busy we are. We could also keep a fairly steady price on things if we don't have to worry about shortages.

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In this economy the government would decide what resources my business receives. This could hurt my business greatly if they reduce my product shipments or don't allow my business to run during a busy time of year. This may affect the business because we may have to save products and not sell them or raise the price if supplies decrease.

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I will need a lake for the actual skiing and some land to build on.

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I will need a boat, a few sets of different kinds/sizes of skis,  and ropes are the essentials for the lessons. I will also need a store location and a camera/phone to market off of social media or a website.

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I will most likely have few employees at my business. I will probably have myself plus 2 or 3 more people. One other person in the boat and someone to work inside a the shop.

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I will want to be located on Lake Havasu in Arizona. I want to be their because it is rated on of the top water skiing lakes and it also is warm year round so it makes the water warm year round as well. This location will most likely have other skiers there due to the popularity, so my shop could succeed.

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I will provide a service by teaching people how to ski or to improve their skiing skills. The goods I will provide is a shop with popular equipment and clothes for skiing.