What two economies combined create a mixed one?
A command and market.
Who usually is in power of this economy?
The government is.
Who is in most control.
The people and businesses are.
what do people do in a traditional economy?
They make goods and provide services.
What is a good and what is a service?
A good is a consumable item, and a service is a job someone is paid to do.
Who has the most power?
Neither of them do.
who decides which products are successful?
The consumers do.
Who knows their role in the economy?
Everyone knows their role.
What is supply?
Supply is the amount of a good available.
What are the common jobs in this economy?
Hunting, fishing, farming, and gathering are common jobs.