Economic Systems

Market Economy

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Economic Freedom

It gives consumers their free will to spend their money on what they want.
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Economic Efficiency

The government cannot help out those without, because they will have to rely on themselves.
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Price Stability

Since there's no government regulations, the producers can set the prices at there wants.

Countries Who Are Market Economy

Argentina, Brazil, Chile, China, Colombia, Egypt, Hungary,India, Indonesia, Kazakhstan, Malaysia, Mexico, Morocco, Peru, the Philippines, Poland, Romania, Russia, Saudi Arabia, South Africa, Thailand, Turkey, the UAE, Ukraine, and Vietnam.

Who Owns Resources

People

Who Makes Economic Decisions

The People do.

Mixed Economy

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Economic Growth

There are mostly jobs available for everyone.
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Economic Security

The government provides social security for those who aren't able to work.
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Economic Equity

Producers have to make sure the consumer know what he/she is buying.

Countries who are a Mixed Economy

UK, USA

Who owns resources

People, and some from the goverment

Who Makes Economic Decisions

Government and People

Command Economy

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Full Employment

The goverment make sure that almost everyone has a job
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Economic Freedom

The have no economic freedom. The government controls everything.
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Economic Efficiency

Since there's no market, the government provides everything for it's people.

Countries Who Are Command Economy

Burma, Cuba, Iran, Liberia, North Korea, the Soviet Union and China

Who Owns Resources

Government

Who Makes Economic Decisions

Government