Introduction
Read and learn about different economic systems.
Task
Click on the links, read them, and answer the questions
https://www.thebalance.com/traditional-economy-definition-examples-pros-cons-3305587
https://www.thebalance.com/market-economy-characteristics-examples-pros-cons-3305586
https://www.britannica.com/topic/command-economy
https://www.thebalance.com/mixed-economy-definition-pros-cons-examples-3305594
Process
After you finish reading, answer the questions below
1. Does the traditional economy have any trading at all?
2.Do people govern the command economy?
3. How is the price determined in a Market economy.
4. Is a mixed economy as free as a Market economy?
5. What is the benefit of a command economy?
6. What is the motive of a traditional economy?
7. What is the reason for even having a market economy?
8. What is the competition for a mixed economy?
9. What role do the sellers do in the economy?
10.What role does the consumer play in each economy?
Evaluation
5. Detailed and correct
4. Somewhat detailed and correct
3. Not as detailed but correct
2. Lacks detail
1. below average and incorrect.
Conclusion
Finish the assignment and have a good day.