If the government makes the decisions about what and how much to produce

If decisions are based on basic survival of family and/or community members

If all of the economic decisions are made by basic supply and demand

Its economy is now mixed. The government still controls businesses to some degree, but not nearly as much as it once did. Most of its millions of citizens live in extreme poverty.

Although its somewhat mixed, it leans more toward a command system. The government allows for more free market zones as it continues to move toward a market economy. Very likely could lead the world economically in 20 years.

Its economy is thriving! One of the wealthiest nations in the world. Prices of goods and services are based on supply and demand.

Its strict Communist government is in complete control of the economic decisions.

Japan produces some of the world's most popular electronic products

North Korea is the world's largest exporter.

Taxes that are added to imported goods.

When a country limits the amount of goods coming in from another country...

When a country refuses to trade with another country

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