What do you think are the costs and benefits of a command economic system?
What do you think are the costs and benefits of a market economic system?
What do you think are the costs and benefits of a mixed economic system
Name a country that is primarily a command economic system.
Name a country that has a primarily market economic system.
Name a country that is primarily a mixed economic system
Briefly explain the economic system for the command economy you named above. Show that you have used the CIA Factbook and other research sources without copying and pasting from those sources
Briefly explain the economic system for the market economy you named above. Show that you have used the CIA Factbook and other research sources without copying and pasting from those sources.
Briefly explain the economic system for the mixed economy you named above. Show that you have used the CIA Factbook and other research sources without copying and pasting from those sources.
Based on all the information above, which type of economic system do you think is best? Why do you think so?