https://padlet.com/0522052/yio755xtlcss1vk9 Nicolas Oliva Period 1 M.S.O en-us 2021-05-25 13:42:57 UTC 2025-10-29 05:32:57 UTC hello@padlet.com 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565049795 2021-05-27 13:24:36 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565049795 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565094879 2021-05-27 13:36:04 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565094879 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565169929 A market economy, is an economy, where goods and items, are sold by the people, and owned by the people. When those items are sold, depending on their value at the time, its price will go up or down.


]]> 2021-05-27 13:54:21 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565169929 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565298586 -Unlike other economies the producer's are able to choose the product that they sell.
-With Constant competition, prices go up when the items are most valuable, but on a normal day prices stay low.]]> 2021-05-27 14:25:36 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1565298586 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568432015 -The Wealthy, have the advantage over the lower classes, because of there wealth.
- Those who are smarter, than those who are wealthier, don't have the same resources to produce, because of their situation.

]]> 2021-05-28 13:26:24 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568432015 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568477361 2021-05-28 13:40:26 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568477361 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568494092 -Limited Government involvement, allows for the producer to be free to produce, their product in civilized way.]]> 2021-05-28 13:45:29 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568494092 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568532703 - Demonstrates government, and the people/producer each working to grow the plant/product together.]]> 2021-05-28 13:57:24 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568532703 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568597704 -Shows how those who are wealthy most of all the power, and those below them cannot have their voices heard, and ideas shared with the mass producers.]]> 2021-05-28 14:17:58 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568597704 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568941667 This photo shows, a menu for pizza, demonstrating how the producer in thus economy chooses what new and existing items are on their menu.]]> 2021-05-28 16:04:57 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1568941667 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1574301683 - Supply and Demand, is advantageous, because it helps make sure that only the product that the consumer/ the people,  wants will be the one sold.

]]> 2021-05-31 19:30:14 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1574301683 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1574735465 This photo shows, how the supply of the companies are what the consumers demand.]]> 2021-06-01 00:56:33 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1574735465 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1574753486 -One of the main principles of a market economy, is the competition. Though it can benefit those with a competitive advantage and wealth,  those who can have better ideas and  strategies then the wealthy, don't get the voice that they deserve.

]]> 2021-06-01 01:04:48 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1574753486 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576164654 This photo demonstrates the producers competing to be the top one for their consumers.]]> 2021-06-01 13:11:50 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576164654 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576243645 - The companies with the most successful innovative products, will succeed. Innovation, helps others companies grow along with those successful companies.


]]> 2021-06-01 13:34:08 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576243645 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576278283 -The photo shows how innovative Apple, has been over the years. ]]> 2021-06-01 13:43:23 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576278283 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576291826 -The United States, has a market economy, that operates in a system with equal rights, put like all markets economy's, not always equal opportunity.


]]> 2021-06-01 13:47:16 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576291826 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576315392 -The United States has a market economy, and the main goal is always to make the most money possible.]]> 2021-06-01 13:53:46 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576315392 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576321402 Command Economy

]]> 2021-06-01 13:55:23 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576321402 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576410156 -A command economy is an economy where the government controls what and how items are sold by the producer, to the consumer.

]]> 2021-06-01 14:20:18 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576410156 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576419033 -Though there aren't many, one advantage of a command economy, is that the government can employ a lot of people if they choose too.

]]> 2021-06-01 14:22:28 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576419033 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576446987 -This photo shows how one figure/ the government, tells everyone else/producers, what to do.]]> 2021-06-01 14:30:16 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576446987 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576453940 -This photo shows how, the companies/ producers, are being controlled as a puppet would by the government in a command economy.]]> 2021-06-01 14:32:14 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576453940 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576460921 -With the government having a major role in controlling the producer, the people/ producer have less freedom to sell their product.

]]> 2021-06-01 14:34:12 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576460921 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576485538 - The photo demonstrates, how the puppeteer/ the government, controls the people/producers, in a command economy.]]> 2021-06-01 14:41:15 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576485538 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576500571 -These are the 2 types of Command Economy. Socialism, is where the government has all the power, while in Communism, the government has most of the power and the people/ producers have limited freedoms.

]]> 2021-06-01 14:45:40 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576500571 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576641974 -This photo, shows the 2 different types of a command economy.]]> 2021-06-01 15:26:03 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576641974 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576669885 -There are no increased incentives in a command economy, since the government keeps it the same.  No matter who works harder at their job, without the increased pay, there is no gain in wealth.

]]> 2021-06-01 15:33:57 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576669885 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576702935 -This photo shows a sad Piggy Bank, which in a command economy has to do with the non existent increased pay, of the worker. ]]> 2021-06-01 15:43:04 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576702935 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576720830 -Some countries with  examples of Command economy features, are Cuba and North Korea.. In each of these examples, the government control daily freedoms such as your internet provider, and where you travel to.]]> 2021-06-01 15:47:53 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576720830 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576745560 -This photo, shows the flags of both Cuba, and North Korea.]]> 2021-06-01 15:55:02 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576745560 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576759185 -The Soviet Union, was the first example of a command economy, the Soviet Union Union was a Socialist's state which meant that the government had all of the power.]]> 2021-06-01 15:59:00 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576759185 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576774683 -This photo, shows the Soviet Union's symbol, across what is known today ass Russia.]]> 2021-06-01 16:03:15 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576774683 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576785096 -In a Command Economy, the government is in close to complete control, and has most of all of the power, and the people have limited freedoms. In a free market Market Economy like in the United States, the people/producers have the right choose what they sell, and the people have freedoms not given in a command economy.]]> 2021-06-01 16:06:04 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576785096 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576804527 -This photo, helps describe the difference between a free market and command economy.]]> 2021-06-01 16:11:06 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576804527 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576814591 Traditional Economy]]> 2021-06-01 16:13:48 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1576814591 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577824075 -A traditional economy, is based of off agriculture, history, and does not use money.]]> 2021-06-01 23:15:17 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577824075 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577894729 -Every member in the community has to contribute, in for the economy to succeed.
-In a Market Economy, there is less pollution, therefore leading to a healthier environment.

]]> 2021-06-02 00:02:57 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577894729 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577903722 -Food is gathered from nature, and hunting. In this economy, there doesn't need to be any grocery shopping.

]]> 2021-06-02 00:08:02 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577903722 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577906673 - This photo shows, the different methods in which food is gathered in a traditional economy.]]> 2021-06-02 00:09:38 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1577906673 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578261497 -The photo shows a clean environment that a Traditional Economy promotes, and a bad one that it does not.]]> 2021-06-02 02:37:48 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578261497 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578293197 - With the people in the economy only using natural resources, many of their resources are re usable, not letting anything be wasted.]]> 2021-06-02 02:51:18 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578293197 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578315795 -This picture, demonstrates how people live on farms, and use no artificial resources, but only natural.

]]> 2021-06-02 03:01:03 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578315795 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578328858 -With not many jobs other than working around wildlife, there aren't as many choices for a career as other economies.
-Since the economy depends so much on nature, it is not as reliable as other economies that do not..]]> 2021-06-02 03:07:16 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578328858 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578347054 -This picture shows t=nature, that those in a traditional economy are very dependent on.]]> 2021-06-02 03:15:48 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578347054 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578351648 -With the principle of agricultural dependency have been around for centuries, Traditional economies have been around for a very long dating back to the 17 century.]]> 2021-06-02 03:17:57 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578351648 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578373192 -This photo, shows the Maasai tribe, who has been proacting a traditional economy for centuries.]]> 2021-06-02 03:28:33 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578373192 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578382431 -With there being few jobs available in a traditional economy, most of all of the jobs are hereditary, which means if your parent was a farmer than you would likely be one too.]]> 2021-06-02 03:33:09 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578382431 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578385695 -This photo, shows one of the most popular jobs passed down in a Traditional Economy in a farmer.]]> 2021-06-02 03:34:48 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578385695 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578396901 - Throughout the world people are reliant on nature, though only a select few such as the Amish are very committed to a traditional type economy,]]> 2021-06-02 03:40:16 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578396901 0522052 https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578402354 -This photo, shows how the Amish, still travel in Buggy's, which shows how they stay true to their culture.]]> 2021-06-02 03:43:07 UTC https://padlet.com/0522052/yio755xtlcss1vk9/wish/1578402354