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Try It- Task
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In a market economy, all decisions are made by the interactions between buyers and sellers. Complete the Cafe Chico interactive below to review the basics of the market economy and watch an example using burritos. After clicking on play, keep hitting the ">" symbol in the top right-hand corner of the interactive. The other main economic system is a command economy. Complete Cafe Castrabe interactive to see how a command economy would operate relative to burritos. After clicking on play keep hitting the ">" symbol in the top right-hand corner of the interactive. |
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