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there is no tax and land is shared by all

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Sweden ( Mixed Economy)

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A disadvantage of a mixed economy is that they focus more on government control over individual freedom.

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Canada (Market Economy)

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Traditional gives you the advantage of not relying on someone else to keep your family safe but only on yourself.

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A disadvantage of a command economy is that it is unable to respond to consumers preferences.

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Africa ( Traditional Economy)

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One positive outcome of having a traditional economy is that your family is well cared for without the interference of others

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A disadvantage of a market economy is that it can be very unstable.

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One positive outcome of hav

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China, Cuba and North Korea (Command)

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Northern Canada (Taditional)

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North Korea (Command Economy)

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Germany and The US (Market)

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A positive thing about mixed economy is that government supplies the means of production

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Command economy an example is a Dictatership where the leader decides what you sell and dont sell North korea

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One good thing about market economy is that we get to choose what we do and where we do it.

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Northern Canada has a traditional economic system. Countries like the US and Germany have market economic system. Then China, Cuba and North Korea have a Command economic system.

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Command=North Korea

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free enterprise don't have to follow a set price for things

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Brazil, Russia, India and China (traditional Economy): The bad part of traditonal Economy is that

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A disadvantage of a Traditional economy is that it is a very vulnerable type of economy.

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Lorenzo Lopez

Market economy people choose what the can buy aren't forced to buy thing

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One negative thing about a traditional economy is that families don't make as much money as other families in different countries.

One negative thing about market economies is that people can struggle making their own decisions.

One negative thing about command economies is that you don't have any freedom to do what you really want to do.

One negative thing about Mixed economies is that the government owns all of the property in the country.

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One negative thing about Command Economy is that most people lose their economic freedom.

One negative thing about Traditional Economy is that the standard of living is lower.

One negative about market economy is that not everyone is economically equal and the gap between the two is getting larger.

One negative thing about mixed economy is that someone can't own their own business.

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One positive thing is traditional that what ever people do they bring it to another country and it spreads Another one is command witch means everyone is treated like equals

Another positive thing is market witch is that yo have the right to buy or sell anything as long as it legal

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North Korea is one country that has a command economy.

Africa is one example of a traditional economy, along with other developing countries.

Canada is one of the countries that has a market economy.

And an example of a mixed economy would be Sweden.

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Lorenzo Lopez

capitalism means you fund your own businesses.

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Something negative about a Traditional Economy is that because of poor productivity, people will have lower living standards.

Someting negative about a Market Economy is that costs associated with production are not always paid by the supplier.

Something negative about a Command Economy is that there is sometimes difficultly in obtaining information about the needs of consumers.

Something negative about a Mixed Economy is that they tend to lead more towards government control and less of individual freedoms.

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North Korea has a command economy. A country with a traditional economy is Africa. And a country with a Market Economy would be the United States where we live.

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In a Command economy the government has complete control of production of goods, the prices of goods and raw materials. Now compare that to a market economy, the prices are not controlled by the...

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One disadvantage of the Traditional economy is that it lowers the standards of living

A disadvantage about market economy is that it might be unstable

One disadvantage for the Command economy is that the government is unable to respond to costumer preferences

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One positive about Traditional is that whatever they do they know that they will get something out of it.

One positive about Market is that you are free to do what you want to do.

One positive about Command is that there is no change in pay and that everyone is equal.

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One disadvantage of Traditional economy is poor productivity

leading to poor development of the location.

One disadvantage of Market economy is  that costs associated with production are not always paid by the supplier. For example, if the manufacturers process causes pollution, then they are not responsible.

One disadvantage of Command Economy is how much power it gives the government and limits the rights of the people.

One disadvantage of Mixed economy is that it creates a lot of market forces which are inefficient and can lead to inequality of resources.

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Something positive about the traditional system is that they know what ever they work for they get and only have to share it with their own family.

Something positive about the market economy is that you are free to start up what ever business you want, and go to school for whatever job you are wishing to eventually pursue.

Something positive about the command economy is that everyone gets payed and priced equally so there is no confusion and no one is richer than the other.

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An advantage to having a subsistence economy is that not a lot of food is wasted because they only grow what they use so they use it all.

A big advantage about a market economy is that they make enough supplies to provide the consumers.

A command economy can say what they are failing on in the country economically and save it but then also some people are not happy.