Economic Models Chart: Traditional, Command, Market, Mixed

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A graphic organizer comparing various types of economic systems.

Education Technology Economy & Finance

Economic Chart
Traditional Command Market Mixed
What is it?

Who owns the
property?

Who makes the
choice on how
resources will be
distributed or
divided?

How does this
represent America?

Traditional Command Market Mixed

Who makes the
decisions?

Planned
consequences

Unplanned
consequences

Pros

Cons

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1. Economic Chart Traditional Command Market Mixed What is it? Who owns the property? Who makes the choice on how resources will be distributed or divided? How does this represent America? Traditional Command Market Mixed

2. Who makes the decisions? Planned consequences Unplanned consequences Pros Cons