Economic Systems - Comparison Chart Based on the information you gathered about economic systems this unit, complete the chart by ariswering the questions about the different types of economic systems Traditional Command Free Market Mixed Economy Economy Economy Economy Who decides what people in he goods and services will be provided" Who decides how Center the goods and traditions ford services will be beauty hit tees Who decides who copie in the wit Go erewer Based on should share in the Society and use of the goods and bon as services? Who owns the the elderly Government People ard All parties factors of production Power Advantages of this 1. type of system? less stress and They can change Consumer rove fre. the economy rapidly 2. 2. 2. Disadvantages of 1 . 1. this type of system? 2. 2. 2. 2