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12 Cards in this Set

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  • Back
  • 3rd side (hint)
Everyone knows which role to play
Traditional
Traditional
Command
Market
Mixed
The primary weakness is dealing with the FOR WHOM question
Command
Traditional
Command
Market
Mixed
The type of economy where a central authority makes all of the decisions.
Command
Traditional
Command
Market
Mixed
The strength of this economy is the ability to make a quick and decisive change in a short period of time
Command
Traditional
Command
Market
Mixed
People and firms act in their own best interests
Market
Traditional
Command
Market
Mixed
Economy where life is stable, predictable, and continuous.
Traditional
Traditional
Command
Market
Mixed
Everyone is able to think for themselves and have their own voice
Market
Traditional
Command
Market
Mixed
"You must sacrifice for the good of the state."
Command
Traditional
Command
Market
Mixed
This economy discourages new ideas or ways of thinking.
Traditional and Command
There are 2 for this one.

Traditional
Command
Market
Mixed
A weakness of this economy is that it rewards only productive resources.
Market
Traditional
Command
Market
Mixed
Akk economies today are not pure, they are this type of economy.
Mixed
Traditional
Command
Market
Mixed
Economy based on the "Laissez Faire Economics" principle.
Market
Traditional
Command
Market
Mixed