click below
click below
Normal Size Small Size show me how
Social Studies
Types of Economy
| Question | Answer |
|---|---|
| Traditional Economy | An original economy that is rural and farm-based. |
| Command Economy | A key feature of a Commuist society |
| Market Economy | An economy prices of good and services are based on supply and demand |
| Mixed Economy | An economy consisting of a mixture of either markets and economic planning |