In Country D, business owners make the most economic decisions. As long as they abide by the Fair Trade policies, they can decide what to produce,

how to produce, and for whom to produce without government

intervention. These decisions are made by business owners based on what

happens in the market. For example, a computer manufacturer recently

developed a new video gaming system but decided to wait until closer to

the holidays to release the system to the public because it believed

anticipation among consumers would allow the company to charge a

higher price for the system

Mixed Economy

Market Economy (Free Market)

Command Economy (Central Gov Economy)

Traditional Economy