Free enterpreunership
The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
A traditional and command economy adapt slowly, a market economy adapts fast.
command economy
traditional
It has market economy
Mixed economy because it is only command on the farming.
command economy
it has a free economy
It all depends on the region
iraq's economy is mixed
The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.