https://padlet.com/0454894/i2qcizzic8hzgmuc Mya Moffett Period 1 en-us 2021-05-25 13:41:56 UTC 2026-02-21 19:16:20 UTC hello@padlet.com https://padlet.net/icons/png/1f4b8.png 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557613657 America is an example of a market economy]]> 2021-05-25 13:45:27 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557613657 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557615512 the people make decisions on what they should buy or sell based in what they think is right for them. the goal of a buissnes is to profit (make money) ]]> 2021-05-25 13:45:50 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557615512 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557622183 china is an example of a Command economy]]> 2021-05-25 13:47:20 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557622183 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557624454 Eskimoes and Amish are examples of Traditional Economies]]> 2021-05-25 13:47:50 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557624454 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557637167 people own there own property for example your house belong to you]]> 2021-05-25 13:50:32 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1557637167 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1565037595 the government only plays a role when companies become monopolies (become the only company in an industry) they may also step in if people are selling things that are dangerous such as drugs.
Monopolies are a lot like the game Monopoly.]]> 2021-05-27 13:21:32 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1565037595 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1565178676 Supply is how much of something is in stock, and demand is how many people want or need that thing. If supply is greater than demand, then prices will go down in order to get rid of the extras. If demand is greater that supply, then prices will go up so that the don't run out.]]> 2021-05-27 13:56:30 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1565178676 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1566119221 the government decides what can and cannot be sold, what you can use to sell those things, when you can be open etc.]]> 2021-05-27 17:50:52 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1566119221 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1566124526 Companies may compete customers by lowering there prices and/or be creative with there good or service making them different and better than their competitors.]]> 2021-05-27 17:52:14 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1566124526 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1568452935 Competition motivates people to be the best of the best which leads to better products]]> 2021-05-28 13:33:03 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1568452935 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1568477242 everyone is guaranteed an good income.]]> 2021-05-28 13:40:24 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1568477242 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1568564848 either the government owns all the property or it is owned by all the citizen ]]> 2021-05-28 14:07:42 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1568564848 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576191673 since people choose what they want to buy or sell business owners determine weather they succeed or fail.]]> 2021-06-01 13:19:37 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576191673 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576253566 the government decides which job you will have  ]]> 2021-06-01 13:36:52 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576253566 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576276060 the goal of getting your job done is to help and improve the society. the money you make goes toward things like free healthcare and education.]]> 2021-06-01 13:42:48 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576276060 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576315337 the government determines what materials you can use to make your product which can determine how well your product works]]> 2021-06-01 13:53:45 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576315337 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576372099 the government determines how many customers you can have and what your prices should be so you don't want a ruler who has a grudge against you]]> 2021-06-01 14:09:45 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576372099 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576509075 this type of government follows the traditions of a culture.]]> 2021-06-01 14:48:02 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576509075 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576543362 Traditional economies are usually how countries starts. Then they later develop a market or command economy.
America was once a traditional economy]]> 2021-06-01 14:57:57 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576543362 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576555290 your job depends on what your parents once did. In other words you inherit the family business.]]> 2021-06-01 15:01:32 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576555290 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576561202 Industries like video games and entertainment do not take place in traditional economies 
but in things like food and clothes and even those don't get to fancy]]> 2021-06-01 15:03:16 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576561202 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576644572 these are the ways people acquire goods in traditional economies you don't see people inventing and manufacturing things.]]> 2021-06-01 15:26:45 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576644572 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576670241 2021-06-01 15:34:02 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576670241 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576675140 2021-06-01 15:35:19 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576675140 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576746127  no economic conflict between citizens, lack of electrical energy is good for the environment]]> 2021-06-01 15:55:12 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576746127 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576761584  the more powerful types of economies can take advantage of them.]]> 2021-06-01 15:59:40 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1576761584 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1577218482 there's no reason to work hard or be the best.]]> 2021-06-01 18:08:57 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1577218482 0454894 https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1577243211 not everyone is guaranteed a good job or successful business]]> 2021-06-01 18:16:34 UTC https://padlet.com/0454894/i2qcizzic8hzgmuc/wish/1577243211