Araling may kinalaman sa alokasyon. Traditional Command Mixed Market at mga bansang napapasailalim sa mga ito

2. O Built upon traditional customs and beliefs
O Centers around agriculture, hunting, fishing
O Barter and trade is often used in place of money.
O Often, people in a traditional economy live in families or tribes.

3. O Tribal/ Nomadic Communities
Thebartering ofhunted prey used bytheInuit
tribes innorthernCanadais anexample of a traditional
economy.
O African
Countries

4. Obased on market determined supply and demand
Oprices of goods and services are determined in a free price
system
OPrivate ownership, the government does not own the
businesses

6. O United States of America O The “United” Kingdom

7. O The government creates a central economic plan for all sectors and regions of
the country
O The government allocates all resources according to the central plan
O The central plan sets the priorities for the production of all goods and services.
O “Opposite” of the Free market economy

9. O The Soviet Union O North Korea

10. O ownershipofgoodsbybothprivateandgovernment/state-ownedentities
O partofthe economyis left tothe freemarket,andpartofit is runbythe
government.
O Mixedeconomiesstartfromthe basisofallowing privateenterprisetorunmost
business.Thenthe governmentsintervene in certainareasofthe economy,suchas
regulation,andspending moneyonpublic services.

12. O France O Sweden