https://padlet.com/0556794/rzg8rxkx8qaxut5l Deondre Lenard P:4 en-us 2021-05-28 16:24:26 UTC 2025-09-24 06:32:25 UTC hello@padlet.com 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569011875 Free Market Economy-economic system in which most economic decisions can be decided by a country's citizens.]]> 2021-05-28 16:28:05 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569011875 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569024170 2021-05-28 16:32:04 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569024170 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569029231 Command Economy- system in which assets are decided and controlled by dictatorship/government]]> 2021-05-28 16:33:48 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569029231 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569040581 Traditional Economy- system where the economy is based on the traditional customs of the country]]> 2021-05-28 16:37:32 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569040581 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569070425 Natural Freedom/right to buy, sell and own private property]]> 2021-05-28 16:47:02 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569070425 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569095765 The prices are determined by supply and demand]]> 2021-05-28 16:55:20 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569095765 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569103438 How countries feel about free market economy]]> 2021-05-28 16:57:50 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569103438 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569183333 Government isn't to much involved, mainly only to  protect markets and make sure everyone has equal access]]> 2021-05-28 17:23:24 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569183333 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569219771 People in this systems can spend their resources however they choose]]> 2021-05-28 17:35:09 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569219771 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569226382 The people have the freedom to make economic choices and decisions]]> 2021-05-28 17:37:19 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569226382 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569232870 Hey Arnold worker telling Helga "Free Market Economics".]]> 2021-05-28 17:39:28 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569232870 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569249496 Entrepreneurs are able to make profit 

]]> 2021-05-28 17:45:06 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569249496 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569849356 Command Economy Characteristics]]> 2021-05-28 22:59:53 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569849356 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569853199 Government/ Dictator is in control of nearly everything in this system]]> 2021-05-28 23:03:37 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1569853199 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577204372  Cuba, North Korea, and the former Soviet Union are main examples of countries that use the command economy system]]> 2021-06-01 18:05:04 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577204372 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577210897 Overall more permissions and abilities than Command Economy]]> 2021-06-01 18:06:47 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577210897 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577248579 (supposed) social equality are essential features of a command economy.]]> 2021-06-01 18:18:14 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577248579 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577314818 The people in command economy systems have way less freedoms than those in free market]]> 2021-06-01 18:40:25 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577314818 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577329985 Cuba Flag- One of the main countries that use command economy.]]> 2021-06-01 18:45:45 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577329985 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577348836 Doesn't rely on the laws of supply and demand that operate in a market economy.]]> 2021-06-01 18:52:37 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577348836 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577356672 Can manipulate large amounts of resources for large projects without lawsuits 

]]> 2021-06-01 18:55:37 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577356672 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577365075 This particular system is often used in places like Africa, Asia, Latin America, and the Middle East.]]> 2021-06-01 18:58:48 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577365075 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577376456 A system that relies on customs, history, and time-honored beliefs.]]> 2021-06-01 19:03:28 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577376456 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577388207 Bulls walking in Africa]]> 2021-06-01 19:08:01 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577388207 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577427658 This economy relies on farming, hunting, and fishing. ]]> 2021-06-01 19:23:57 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577427658 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577429833 Most of the traditional economies have evolved into a mixed type that incorporates elements from capitalism, socialism, or communism. ]]> 2021-06-01 19:24:48 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577429833 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577431399 Traditional economies can normally be negatively affected by other economy types that use large amounts of natural resources]]> 2021-06-01 19:25:27 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577431399 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577453365 Traits Of Traditional Economy

]]> 2021-06-01 19:34:39 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577453365 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577461636 Because of their ways traditional economy systems produce no industrial pollution, and keep their living environment clean]]> 2021-06-01 19:38:16 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1577461636 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580101414 A man using a bull for farming

]]> 2021-06-02 16:43:13 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580101414 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580105864 A man washing crops with his hands instead of a machine]]> 2021-06-02 16:44:31 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580105864 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580112047 The traditional economy system is the best for environments]]> 2021-06-02 16:46:27 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580112047 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580120297 A traditional economy is also referred to as a subsistence economy]]> 2021-06-02 16:48:58 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580120297 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580162178 Africa has one of the hugest traditional economic systems]]> 2021-06-02 17:01:52 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580162178 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580170852 The traditions of Burkina Faso]]> 2021-06-02 17:04:34 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580170852 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580177184 Native Americans picking crops and taking them back themselves]]> 2021-06-02 17:06:35 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580177184 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580185465 One disadvantage of a Traditional economy is that many people spend their whole lives in poverty.]]> 2021-06-02 17:09:07 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580185465 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580207758 In such a system, deciding how much of the total product should be utilized for investment rather than consumption becomes a political choice decided at the national level.

]]> 2021-06-02 17:15:48 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580207758 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580213489 Consumers' sole direct option, on the other hand, is among the previously manufactured items.]]> 2021-06-02 17:17:44 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580213489 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580259217 Because a major amount of resources are held by individuals or enterprises in the private sector rather than by a central government agency, free economies flourish.]]> 2021-06-02 17:32:17 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580259217 0556794 https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580266197 A free market, according to economists, is one in which voluntary buyers and sellers trade goods.]]> 2021-06-02 17:34:39 UTC https://padlet.com/0556794/rzg8rxkx8qaxut5l/wish/1580266197