My Smore Flyer

DAY 1: CUBA

Where: Mercedes-Benz car factory.

What: Command Economy.

Strength: Everyone receives a perceived equal amount from the government or central authority.

Weakness: Lack of consumer choices, Does not meet the wants and needs of individuals, No incentive to create or produce.

DAY 2: GERMANY

Where: Visit a sugar cane plantation and a cattle ranch.

What: Mixed Economy.

Strength: Government is the watchdog so consumers are not take advantage of and no businesses become monopolies. However, some businesses may feel the government is too involved.

Weakness:

DAY 3: PERU

Where: Indian Farming Village In the Andes Mountains.

What: Traditional Economy.

Strength: Stable, Predictable

Weakness: Lack of progress leads to a lower standard of living.