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      <title>Economic Systems by Imas, Luis F - 0566690</title>
      <link>https://padlet.com/0566690/i1q93ipf4ym49yzg</link>
      <description>Luis Imas Period 4</description>
      <language>en-us</language>
      <pubDate>2021-05-28 16:36:36 UTC</pubDate>
      <lastBuildDate>2025-09-30 12:30:26 UTC</lastBuildDate>
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      <item>
         <title>Market Economy</title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569042655</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-05-28 16:38:11 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569042655</guid>
      </item>
      <item>
         <title>Command Economy</title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569049194</link>
         <description><![CDATA[]]></description>
         <enclosure url="" />
         <pubDate>2021-05-28 16:40:16 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569049194</guid>
      </item>
      <item>
         <title>Traditional Economy</title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569057240</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-05-28 16:42:48 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569123035</link>
         <description><![CDATA[<div>Most things are done with habits and customs.</div>]]></description>
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         <pubDate>2021-05-28 17:04:22 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569146305</link>
         <description><![CDATA[<div>For example some customs or traditions are farming.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-28 17:11:43 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569274865</link>
         <description><![CDATA[<div>Children do most tasks that adults do.</div>]]></description>
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         <pubDate>2021-05-28 17:52:18 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569300871</link>
         <description><![CDATA[<div>For example farming or hunting.</div>]]></description>
         <pubDate>2021-05-28 18:01:00 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569300871</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569351028</link>
         <description><![CDATA[<div>People who have traditional economy normally have simple lives because they want to.</div>]]></description>
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         <pubDate>2021-05-28 18:18:23 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569638352</link>
         <description><![CDATA[<div>Some of those people are inuits</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-28 20:26:22 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569638352</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569659181</link>
         <description><![CDATA[<div>Some people have a traditional economy, but live simple lives because they do not have many of resources most people have today.</div>]]></description>
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         <pubDate>2021-05-28 20:38:15 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569659181</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569685705</link>
         <description><![CDATA[<div>People live this type of life, because they do not have the money and resources to get a better one.<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-28 20:53:23 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1569685705</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570720493</link>
         <description><![CDATA[<div>A lot of developing countries have Traditional economy.</div>]]></description>
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         <pubDate>2021-05-29 18:23:51 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570720493</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570725156</link>
         <description><![CDATA[<div>Most of these countries are in Africa, Asia, the Middle East, and Latin America.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 18:29:39 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570742433</link>
         <description><![CDATA[<div>Most Traditional economies are hunter-gatherer and nomadic societies. </div>]]></description>
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         <pubDate>2021-05-29 18:50:35 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570742433</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570819232</link>
         <description><![CDATA[<div>In these societies the people mostly gather or hunt their food.</div>]]></description>
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         <pubDate>2021-05-29 20:26:00 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570819232</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570821893</link>
         <description><![CDATA[<div>Most societies that have Traditional economies only produce what they need.</div>]]></description>
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         <pubDate>2021-05-29 20:29:45 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570821893</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570827466</link>
         <description><![CDATA[<div>For example this society, where they are working to produce just the things they need.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 20:37:10 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570827466</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570836331</link>
         <description><![CDATA[<div>Most societies that have Traditional economies have a form of trading called barter.</div>]]></description>
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         <pubDate>2021-05-29 20:49:00 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570836331</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570839647</link>
         <description><![CDATA[<div>Barter is when you give something else in return, but there is no form of money.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 20:53:24 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570839647</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570844069</link>
         <description><![CDATA[<div>Many Countries have Market economy.</div>]]></description>
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         <pubDate>2021-05-29 20:59:25 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570844069</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570847631</link>
         <description><![CDATA[<div>An example of a countries with a Market economy is the USA and Canada.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 21:03:30 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570847631</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570851096</link>
         <description><![CDATA[<div>People can own private property in this kind of economy.</div>]]></description>
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         <pubDate>2021-05-29 21:07:31 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570855400</link>
         <description><![CDATA[<div>An example of private property is a house or a car.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 21:13:06 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570855400</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570860538</link>
         <description><![CDATA[<div>In a Market economy people have freedom of choice.</div>]]></description>
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         <pubDate>2021-05-29 21:19:46 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570860538</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570871836</link>
         <description><![CDATA[<div>People have freedom to choose what they want to buy and sell</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 21:36:41 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570871836</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570879501</link>
         <description><![CDATA[<div>There can be competition, when multiple people or companies try to sell the same product or service.</div>]]></description>
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         <pubDate>2021-05-29 21:49:13 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570879501</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570899426</link>
         <description><![CDATA[<div>For example, if two companies are trying to sell computers then there will be competition.&nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 22:23:00 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570899426</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570915858</link>
         <description><![CDATA[<div>In order for this kind of economy to work the government cannot have much control over the economy.</div>]]></description>
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         <pubDate>2021-05-29 22:51:37 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570915858</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570939210</link>
         <description><![CDATA[<div>An example of this is the USA.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-29 23:37:09 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1570939210</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571018462</link>
         <description><![CDATA[<div>People can sell their property and buy new property.</div>]]></description>
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         <pubDate>2021-05-30 02:09:29 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571026957</link>
         <description><![CDATA[<div>For example like buying or selling a house.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 02:26:47 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571026957</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571045584</link>
         <description><![CDATA[<div>When there is high demand but low quantity then the prices rise up.</div>]]></description>
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         <pubDate>2021-05-30 03:01:30 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571045584</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571046564</link>
         <description><![CDATA[<div>For example, if everyone wants to buy a new car but&nbsp;the company can not make a lot of those cars.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 03:03:25 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571046564</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571053226</link>
         <description><![CDATA[<div>When there is low demand but high quantity, then the prices go down.</div>]]></description>
         <enclosure url="http://kingworldnews.com/wp-content/uploads/2015/03/Stock-Money-Market-Crash-Down-Arrow1.jpg" />
         <pubDate>2021-05-30 03:16:50 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571053226</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571054079</link>
         <description><![CDATA[<div>For example, if not that many people want to a buy a car but there is a lot of those cars being made.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 03:18:22 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571054079</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571622982</link>
         <description><![CDATA[<div>In this kind of economy the  government gets to choose what people buy, sell, and make.</div>]]></description>
         <enclosure url="https://media0.giphy.com/media/nPkDRTgcTxu84elFBf/giphy.gif" />
         <pubDate>2021-05-30 14:06:40 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571622982</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571714075</link>
         <description><![CDATA[<div>The government controls how things are distributed.</div>]]></description>
         <enclosure url="https://www.marketing91.com/wp-content/uploads/2020/02/Distribution.jpg" />
         <pubDate>2021-05-30 15:48:11 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571714075</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571716924</link>
         <description><![CDATA[<div>An example of this is North Korea.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 15:51:21 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571716924</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571719503</link>
         <description><![CDATA[<div>There is less inequality.</div>]]></description>
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         <pubDate>2021-05-30 15:54:02 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571719503</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571727013</link>
         <description><![CDATA[<div>The government can decide who works where, and how much money they get.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 16:01:49 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571728521</link>
         <description><![CDATA[<div>Companies do things for the common good, and not for money.</div>]]></description>
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         <pubDate>2021-05-30 16:03:22 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571735735</link>
         <description><![CDATA[<div>The government decides how much the companies earn.</div>]]></description>
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         <pubDate>2021-05-30 16:10:30 UTC</pubDate>
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      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571747163</link>
         <description><![CDATA[<div>There is low unemployment levels.</div>]]></description>
         <enclosure url="https://s25562.pcdn.co/wp-content/uploads/2020/02/unemployment-1068x702.png" />
         <pubDate>2021-05-30 16:21:20 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571753793</link>
         <description><![CDATA[<div>The government can decide if they do not want people doing a certain job.</div>]]></description>
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         <pubDate>2021-05-30 16:27:58 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571753793</guid>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571775376</link>
         <description><![CDATA[<div>People are not motivated to build new things.</div>]]></description>
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         <pubDate>2021-05-30 16:50:00 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571775376</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571798805</link>
         <description><![CDATA[<div>The government controls what is made and what is not made, so new things will not be produced unless the government says so.</div>]]></description>
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         <pubDate>2021-05-30 17:13:20 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571809230</link>
         <description><![CDATA[<div>The government might not answer to the peoples financial needs</div>]]></description>
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         <pubDate>2021-05-30 17:23:41 UTC</pubDate>
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      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571817011</link>
         <description><![CDATA[<div>The government only needs to worry about making money. They do not have to worry about competitors.&nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 17:31:56 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571817011</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571830316</link>
         <description><![CDATA[<div>For example, if they decide to send extra food to a city that needs it.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 17:45:39 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571830316</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571834495</link>
         <description><![CDATA[<div>It is not efficient.</div>]]></description>
         <enclosure url="http://www.pokercollectif.com/images/chart-arrows-up-down.jpg" />
         <pubDate>2021-05-30 17:50:04 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571834495</guid>
      </item>
      <item>
         <title></title>
         <author>0566690</author>
         <link>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571852170</link>
         <description><![CDATA[<div>If the expenses to produce the things they sell get too high, then they have to raise the prices.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-05-30 18:05:40 UTC</pubDate>
         <guid>https://padlet.com/0566690/i1q93ipf4ym49yzg/wish/1571852170</guid>
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