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Command, traditional, and market economies
Market Economy - Where consumers decide which goods and services they want and businesses provide these. Most businesses in a market economy are privately owned. The USA is an example of a market economy. Command economy - Where the government owns most businesses. The government decides what and how much will be produced. Russia and China used to have planned economies. Traditional economy - an economic system in which people make economic decisions based on customs and beliefs that have been handed down from one generation to the next. A mixed economy is another kind of economic system which bledns elements of the 3 above economic systems. It is not one of the 3 major types of economies.
find the movie "Econ and me" and watch it.
In market economies, firms developing new and better products are often able to earn larger than normal profits.
In market economies, firms developing new and better products are often able to earn larger than normal profits.
in market economies firm develping new and better products are often able to earn larger than normal profits.
In market economies, firms developing new and better products are often able to earn larger than normal profits.
Traditionalwork groupsSelf-designingteamsSemi-autonomouswork groupsHighperformancework teamsSelf-managingteamsHigh team autonomy
i don't exactly know i just need the answer from someb ody else
oil
how should i know i am asking u
im sure u hav enough time to answer it yourself