https://padlet.com/0645962/2ro7mzsr69jrv2ik Made with a curious mind en-us 2021-05-26 18:41:06 UTC 2023-07-26 11:58:22 UTC hello@padlet.com 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1569460297 2021-05-28 19:01:48 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1569460297 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1569463640 an economy that is mostly owned and controlled by people. its allocated in the supply and demand strategy]]> 2021-05-28 19:03:24 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1569463640 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1569484406 People exchange things like money to gain things or services. Normally in a voluntary basis ]]> 2021-05-28 19:11:22 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1569484406 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578666806  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]]> 2021-06-02 06:05:46 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578666806 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578686399 competition in economy it forces companies for low cost companies to make products and services the effiecently ]]> 2021-06-02 06:15:41 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578686399 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578700730 Most good and services are privately owned, owners can sell, buy, or lease their property. They can profit from all of this]]> 2021-06-02 06:22:37 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578700730 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578713403 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]]> 2021-06-02 06:29:18 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578713403 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578724822 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.]]> 2021-06-02 06:35:15 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578724822 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578826556 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 ]]> 2021-06-02 07:26:10 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578826556 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578846114 2021-06-02 07:35:11 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578846114 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578846663 Is an economy where a central goverment controls the means of productions ]]> 2021-06-02 07:35:28 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578846663 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578880872 THe government controls what is being prodiced, how it is produced, and how it is distributed ]]> 2021-06-02 07:53:53 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578880872 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578889185 Private companies do not exist in a command economy ]]> 2021-06-02 07:58:42 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578889185 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578922529 In a command economy the government employs the workers and determines their wages and jobs ]]> 2021-06-02 08:18:19 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578922529 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578937180 In command economies since the government pick jobs there's more equal opportunities instead of a private company choosing the top best ]]> 2021-06-02 08:27:16 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578937180 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578944401 Since the goverment picks jobs for people more employment opportunities are given ]]> 2021-06-02 08:31:20 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578944401 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578954247 the government can provide services to people without being driven by profit like private companies]]> 2021-06-02 08:37:03 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578954247 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578964206 since there is no competition, the government doesnt feel pressure to make good products or be responsive to costumer desires]]> 2021-06-02 08:43:15 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1578964206 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580084204 2021-06-02 16:37:57 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580084204 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580092958 Is an economy that relies more in customs, trading, and bargaining for everyone to subsist rather than profit]]> 2021-06-02 16:40:38 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580092958 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580115080 Economist use this word to describe a traditional economy, a place where everybody gets somethign and theres no shortage or excess of goods ]]> 2021-06-02 16:47:22 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580115080 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580127918 Mpst economies in the world got their start as traditional economies ]]> 2021-06-02 16:51:10 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580127918 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580137265 In a Traditional Economy, things normally cneter on a main family or tribe ]]> 2021-06-02 16:54:12 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580137265 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580148015 A traditional economy exists on a hunter- gatherer nomadic society where people are always moving to find food ]]> 2021-06-02 16:57:30 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580148015 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580153897 Since most people in a Traditional Economy get whats needed theres little to no friction ]]> 2021-06-02 16:59:23 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580153897 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580190434 Since Traditional Economies Tend to be small there's not that much damage to the environment as a big economy]]> 2021-06-02 17:10:32 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580190434 0645962 https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580206862 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 ]]> 2021-06-02 17:15:32 UTC https://padlet.com/0645962/2ro7mzsr69jrv2ik/wish/1580206862