https://padlet.com/22smithcamille/5a6yxytevjl7 Made with charisma en-us 2018-11-12 12:41:53 UTC 2018-11-12 12:58:32 UTC hello@padlet.com 22smithcamille https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303219765 2018-11-12 12:43:27 UTC https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303219765 22smithcamille https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303220119 Economic activity planed by the government without citizen influence.
Examples:
Cuba, North Korea, Former Soviet Union 
Communism ]]> 2018-11-12 12:44:22 UTC https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303220119 22smithcamille https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303221327 People and business act in their own best interest to answer the three basic economic questions.

Economy can adjust to change over time

High degree of individual freedom
Capitalism 

]]> 2018-11-12 12:48:04 UTC https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303221327 22smithcamille https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303222446 Economic activity on traditional roles by past generations

Examples:
Medieval Europe, Various tribes in Africa ]]> 2018-11-12 12:51:16 UTC https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303222446 22smithcamille https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303223950 Includes Polices from both market and command.

Still Controlled by the government but still allows private ownership.
Socialism ]]> 2018-11-12 12:54:54 UTC https://padlet.com/22smithcamille/5a6yxytevjl7/wish/303223950