Locate and select 3 countries globally that demonstrate the following in their economies:

2. Free market
4. Mixed economy
6. Command market
8. Briefly summarize the differences in the concepts as related to those countries.

An example of a free market economy is Ireland. Ireland allows for supply and demand to maintain production and labor verse having government intervention. Having a true free market allows for supply and demand to have control. This allows for less regulation on pricing because it is believed the consumer will pay more for things in higher demand.

2. An example of a mixed economy country would be Sweden. Sweden represents having a mix of both free-market elements and socialistic elements. Having a mixed economy means having a variety of pure capitalism and pure socialism. A key distinct of having a mixed economy is that the country's government has a significant role in determining the direction of the market's economies.

3. An example of a command market country is North Korea. North Korea allows for the government to control the level of production of items. While also having control over pricing and distribution.