flickr photo credits: (1) Serenae (2) bionicteaching (3) bionicteaching (4) bionicteaching (5) bionicteaching
Five Card Story: The Economic Breakdown: Why is it important?
a Five Card Flickr story by Destiny Daniels created Feb 06 2018, 03:29:55 pm. Create a new one!
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Thanks to the established economic systems we have today, people are able to make a living for themselves. All over the world there are a range of economic markets, each unique in their own way. The economic system for a region may be determined by the government, the people, the type of resources available, or tradition. The main economic systems are traditional, command, market, and mixed. In a traditional economy every decision is based off of long established customs. With a command system the government controls most of economic market. In a market economy, the individual is allowed to thrive and make their own decisions on business and what to buy or sell. All these systems were created with one goal in mind, bettering the standard of living.
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flickr photo credits: (1) Serenae (2) bionicteaching (3) bionicteaching (4) bionicteaching (5) bionicteaching