# data[].attributes.body
In a traditional Economy there is always work to do, everybody has a important role and theres no guarantee that all the work may be worth it thanks to weather conditions or other problems

# data[].attributes.body
Since Traditional Economies Tend to be small there's not that much damage to the environment as a big economy

# data[].attributes.body
Since most people in a Traditional Economy get whats needed theres little to no friction

# data[].attributes.body
A traditional economy exists on a hunter- gatherer nomadic society where people are always moving to find food

# data[].attributes.body
In a Traditional Economy, things normally cneter on a main family or tribe

# data[].attributes.body
Mpst economies in the world got their start as traditional economies

# data[].attributes.body
Economist use this word to describe a traditional economy, a place where everybody gets somethign and theres no shortage or excess of goods

# data[].attributes.body
Is an economy that relies more in customs, trading, and bargaining for everyone to subsist rather than profit

# data[].attributes.body
since there is no competition, the government doesnt feel pressure to make good products or be responsive to costumer desires

# data[].attributes.body
the government can provide services to people without being driven by profit like private companies

# data[].attributes.body
Since the goverment picks jobs for people more employment opportunities are given

# data[].attributes.body
In command economies since the government pick jobs there's more equal opportunities instead of a private company choosing the top best

# data[].attributes.body
In a command economy the government employs the workers and determines their wages and jobs

# data[].attributes.body
Private companies do not exist in a command economy

# data[].attributes.body
THe government controls what is being prodiced, how it is produced, and how it is distributed

# data[].attributes.body
Is an economy where a central goverment controls the means of productions

# data[].attributes.body
Unfortunately in a market economy while some people are rich others are homeless, this happens becaus ein a market economy is not neccesary to take care of the vulnerable

# data[].attributes.body
The governemnt role is to defend the national market, make sure is working, make sure everybody has the same opportunities and to limit company monopolies.

# data[].attributes.body
owners are free to buy, sell, and own thigns but theres two constraints. The price that they are willing to sell or pay for and if they have enough amount of capital

# data[].attributes.body
Most good and services are privately owned, owners can sell, buy, or lease their property. They can profit from all of this

# data[].attributes.body
competition in economy it forces companies for low cost companies to make products and services the effiecently

# data[].attributes.body
is a type of economic strategy meaning the supply of an object how much people wanted. HIgh prices mean low supply and low prices mean more supply

# data[].attributes.body
People exchange things like money to gain things or services. Normally in a voluntary basis

# data[].attributes.body
an economy that is mostly owned and controlled by people. its allocated in the supply and demand strategy