Traditional Economy
1. Farming.
2. Produce only when consume.
3. Free marketing.
4. Hunting.
Command Economy
1. They do not relay on market demand.
2. Natural resouces.
3. Makes descions about production.
4.Competition is prevalent in free market economy.
Market (mixed) Economy
1.Driven by supply and demend.
2.Producers sell goods for the highest prices possible.
3. Compertition
1.Neither economy is based on market focus.
1.They produce and ration goods out.
Competition for market demand.
1. More/Less government ownership
