Free Market System
About
Contact
Traditional Systems
Command System
Mixed System
Untitled
TRADITIONAL SYSTEMS
Brock
Advantages
• Sense of community
• Strong focus on family
• Everyone is treated equally
Disadvantages:
• Very little innovation and growth
• Do not have systems in place to help protect against natural disasters
there is not lot of growth or development within the economy there is not protection against Natural Disaster.
Examples of traditional economies in society today
One example is the Aboriginal people of Australia.
Free Market System
About
Contact
Traditional Systems
Command System
Mixed System
Untitled