Economic System
By Diamond
Market economy
A market economy is made by individuals who decide what to produce and what to produce and what to buy. For an example Entrepreneurs are people who takes the time out and own there own store and sell products.
Traditional
a traditional economy is most of the economics decisions to trade and what to trade and what not to trade.
Command
A command economy is a more strict government because what ever the government people tell the country what to do they follow the governments rules.