https://padlet.com/Eli55555/via1fkgxfx02hfwv Elias Issa P6 en-us 2021-05-26 18:39:48 UTC 2026-03-15 01:07:57 UTC hello@padlet.com Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569379079 2021-05-28 18:29:03 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569379079 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569386361 Traditional economy is a systems that depends on ideas that they have believed of/tradition. They have certain beliefs which is the only thing that they believe in.]]> 2021-05-28 18:31:48 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569386361 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569406849 Countries with a Traditional Economy are normally found in developing countries. In places like Asia, Middle East, Africa, and Latin America.]]> 2021-05-28 18:39:33 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569406849 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569420836 Normally its either a tribe or family that use this economy. They use traditions that have been past down from elder/family members from the past. Then use this traditions in everyday.]]> 2021-05-28 18:45:27 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569420836 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569438853 Most Traditional Economies only get what they need. So like that they never have to trade or try to make some money. There is barely ever any left over stuff]]> 2021-05-28 18:52:21 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569438853 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569450461 Traditional Economies start evolving once they start with farming and/or and settle down. They can maybe make crops in which they can sell and have some money for the things that they need.]]> 2021-05-28 18:57:22 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569450461 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569461903 Everyone knows what they are going to get. Depending on how much someone works they will get what they deserve. This way there aren't many argues or a bad connection between the people.]]> 2021-05-28 19:02:35 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569461903 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569475360 Weather can really affect the life of the people. If a hurricane comes, they might starve for a few days, since hunting will be low, and most crops will probably be blown away/ die. Or even a normal thunderstorm can do this,]]> 2021-05-28 19:07:56 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569475360 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569495643 Traditional Economies aren't very destructive to the environment as normal way more developed economies. They don't use many if not no technology at all so they barely affect the environment... if they do its normally in a good way,]]> 2021-05-28 19:16:32 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1569495643 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576483071 2021-06-01 14:40:31 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576483071 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576537451 Command Economy is an economy in which the government decides everything about the goods. Like, they decide which type of goods should be produced or if the rice that each good should be sold for. ]]> 2021-06-01 14:56:12 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576537451 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576569060 There are a few countries that use the Command Economy. Some are Cuba, Iran, China, North Korea, Libya, Russia, and a few more.]]> 2021-06-01 15:05:36 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576569060 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576636223 The government can produce goods fast and give them to people in need like poor/homeless people. It can also produce lots of goods in emergencies like if a hurricane or some other natural disaster occurred.]]> 2021-06-01 15:24:24 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576636223 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576683561 In a Command Economy you don't have much freedom. The government choses what job you have. It also doesn't let you do many things, like in North Kore they don't let you go from city to city, even if its inside of the country.]]> 2021-06-01 15:37:40 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576683561 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576821160 Even if you work harder than what you should you will not get more money, everyone ears around the same amount of money. Also there is no competition so after a bit businesses might have zero to no value.]]> 2021-06-01 16:15:35 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576821160 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576893585 Another advantage in a command economy is that normally there is very high employment. There is normally close to zero unemployment which obviously is a very good thing for the economy. ]]> 2021-06-01 16:36:30 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576893585 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576940418 When the environment changes it all up to the government. They sell or trade stuff with sellers.]]> 2021-06-01 16:49:37 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1576940418 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577010793 Since everything is very limited and the government controls the money, there will be lots of crimes since people want more than what they have... unlike the Traditional economy they want more than what they have,.]]> 2021-06-01 17:08:43 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577010793 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577353793 2021-06-01 18:54:30 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577353793 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577379631 The definition of Market Economy is an economy that the government lets the citizens and the businesses make the decisions for the goods and the government doesn't do as much as in the Command Economy.]]> 2021-06-01 19:04:36 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577379631 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577404896 A few examples of countries that use a Market Economy are... United States, Singapore, Canada, Hong Kong.., and many many more.]]> 2021-06-01 19:14:43 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1577404896 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580436380 Since competition is very important for Market economies. Normally, kids and the elderly cant do much when it comes to businesses. It has no system o help the kids or the elderly to also have a successful business.]]> 2021-06-02 18:33:39 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580436380 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580448239 It helps innovation. Many businesses will make new inventions are make something better, which will make competition more heated up. It will make the competitors want to make something better than what you made or just their other competitors.]]> 2021-06-02 18:38:06 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580448239 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580461697 What the government in a Market economy does is that they look out to see that markets are open and working all the time. Also it checks that everyone has equal access to the market. It look to see that no one is changes the market.]]> 2021-06-02 18:43:16 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580461697 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580490840 The way that the Market Economy adapts to change is that the citizens decide what to produce and how to produce it ]]> 2021-06-02 18:54:48 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580490840 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580517808 All the goods are made in the best way possible... if a company is more productive than any other one they get a better reward. They get what they deserve. So if you want a good reward, you have to work harder.]]> 2021-06-02 19:06:17 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580517808 Eli55555 https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580545510 Society reflects too much on what you do. If you are homeless and without a job, you wont get help, you will most likely starve while other people are in a mansion living life at its best. It can be a little unfair sometimes.]]> 2021-06-02 19:17:41 UTC https://padlet.com/Eli55555/via1fkgxfx02hfwv/wish/1580545510