Documents Market Economy Definition: Decisions on producing and consuming goods and services are based on what...

Slide 1 Slide 2 Slide 3 Market Economy Definition: Decisions on producing and consuming goods and services are based on what people want to buy and/or sell (a.k.a. supply…

Documents Economic Systems The way a group of people produce and distribute goods and services.

Slide 1 Economic Systems The way a group of people produce and distribute goods and services. Slide 2 4 Types of Economic Systems 1.Command 2.Traditional 3.Market 4.Mixed…