Types of Economic Systems

Traditional economies:
Traditional economies are found in rural, non-developed countries; Some parts of Asia, Africa, South America and the Middle East have traditional economies.

Centrally Planned Economy:
An economy that is planned and controlled by a centraladministration, as in the former Soviet Union

Market Economy:
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.

Mixed Economy:
an economy in which there are elements of both public and private enterprise.

Communism is when a single person controls a countries enconomy. Socialism is a system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

Stock Market Game-1-Initial Investment Strategy

For the stock market game, we have to pick companies to invest money in. If these companies do well you will make money. So for this stock market game I plan to research certain companies stock history to see how well they do and invest in the ones that have a great history. I also plan to not invest in too many companies. In doing this there will be less chance of some of my markets crashing.

test

this is a test,

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