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Economics Class at Caprock Academy

August 28, 2014 @ 2:00 pm - 2:45 pm

Stores are set up to demonstrate the different types of economic systems.
Students are able to see the differences between Central Planning and Free Markets
in terms of careers, merchandising decisions, and purchasing power.
Conclusion: There are essentially four types of economies in the world:
Traditional: Barter and exchange
Command: Run by the government, no freedom in the market
Market: No government intervention, controlled by consumer demand and supply/demand
Mixed: Combination of government intervention and freedom in marketplace

Details

Date:
August 28, 2014
Time:
2:00 pm - 2:45 pm

Venue

Caprock Academy
Grand Junction, CO, + Google Map