Market
no government
all decisions are made by Producers and Consumers.
if people don't like something they wont buy it
Command
All decisions are made by government
the government gets all the money
the colest pure market is north korea
Traditional
all decisions are made by tradition,history,culture
countries that normally use these economies are farm based
both oppising
both have little/no government
both can move/change
both devalue choice
they all have producers and consumers
