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Storyboard Tekst

  • What to produce? agriculture, fishing, hunting, gathering, or some combination of them
  • Traditional Economy
  • How to produce? agriculture, fishing, hunting, gathering, or a combination.
  • For whom to produce? Tribe and Families
  • What to produce?guns, tanks, and missiles
  • How to produce?The government decides the means of production and owns the industries that produce goods and services for the public
  • Command Economy
  • For whom to produce? The government
  • For whom to produce? Businesses responding to the wants and desires of consumers
  • What to produce?the wants of the consumers and the profit motive of the producers will decide what will be produced
  • How to produce?the producer gets to decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees.
  • Market Economy
  • How to produce?A mixed economy may emerge when a government intervenes to disrupt free markets by introducing state-owned enterprises (such as public health or education systems), regulations, subsidies, tariffs, and tax policies.
  • For whom to produce? Goods and Services
  • Mixed Economy
  • What to produce? Public Goods
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