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economy in Europe by ava herringon

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Miriam Tyson

on 24 February 2015

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Transcript of economy in Europe by ava herringon

traditional,command market,mixed
In traditional economy the habbits and lives of your family are the same ones you have

In command economy one ruler or leader makes the desisions for the people and everthing

In market economy desisions are guided by changes in the prices

In market economy it is not pure command or pure traditional it is a mix of traditional and market
Currency:currency is money and with money we can buy stuff but money is different for everywhere and every country
what is currency around the world?
what is currency in Russia?Well it is called the "rouble"
economy in Europe by ava herringon
what is the currency for the E.U.?
well it is called the euro
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