https://padlet.com/0550329/cdv2qvmt4zz3683v catherine guillen period 1 en-us 2021-05-27 13:29:00 UTC 2025-10-18 12:00:18 UTC hello@padlet.com 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1565097992 2021-05-27 13:36:52 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1565097992 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568413823 market economy is an economic system where production and prices are determined by open competition between privately owned businesses.]]> 2021-05-28 13:20:51 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568413823 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568421107 The United States, England, and Japan are examples of market economies.]]> 2021-05-28 13:23:10 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568421107 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568427258  in a market economy, it is not organized by any main authority but it's driven by the demand of goods and services.]]> 2021-05-28 13:25:03 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568427258 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568435260 2021-05-28 13:27:26 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568435260 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568449471 the demands contain/include purchases by consumers, businesses, and the government.]]> 2021-05-28 13:31:58 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568449471 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568496792 2021-05-28 13:46:20 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568496792 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568524838 2021-05-28 13:54:55 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1568524838 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577198415 2021-06-01 18:03:23 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577198415 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577203224 2021-06-01 18:04:44 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577203224 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577230797 A traditional economy is rooted in customs, beliefs, and time-honored traditions. ]]> 2021-06-01 18:12:40 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577230797 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577238649 It works by relying on various kinds of animals, gathering, and farming to produce goods and distribute them.]]> 2021-06-01 18:15:06 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577238649 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577246151 A traditional or custom based economy is an economy that is based on the customs and traditions of a particular community or group.]]> 2021-06-01 18:17:27 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577246151 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577251713 2021-06-01 18:19:15 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577251713 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577317947 2021-06-01 18:41:32 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577317947 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577328466 2021-06-01 18:45:11 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577328466 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577332280 2021-06-01 18:46:38 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577332280 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577348952 people in a traditional economy live in families or tribes. ]]> 2021-06-01 18:52:40 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577348952 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577352865 In a traditional economy, money is often used in place of barter and trade.]]> 2021-06-01 18:54:08 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577352865 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577550441 A command economy is a system in which the government sets the prices for goods and how much they should be produced. It also determines the income and investments of the people.

]]> 2021-06-01 20:18:00 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577550441 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577568215 Command economies have advantages over other forms of economy. These include low levels of inequality, high levels of unemployment, and the good replacing profit.]]> 2021-06-01 20:26:28 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577568215 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577574662 It does not rely on the laws of supply and demand that operate in a market economy. this economy also avoids the customs that guide a traditional economy.]]> 2021-06-01 20:29:35 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577574662 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577588322 2021-06-01 20:36:11 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577588322 0550329 https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577592247 2021-06-01 20:38:10 UTC https://padlet.com/0550329/cdv2qvmt4zz3683v/wish/1577592247