Summary Week 2 Econ   

                     This week we had a short week due to having Monday off for labor day. When we returned we had a test on Tuesday. This test covered Unit 1. On Wednesday we went over the different types of economies. These types of economies are Traditional, Command, and Market economies. Traditional economies are run by traditions passed down. In Command economies the government makes all the decisions. In a Market economy decisions are based on individual choice. MY opinion on the different types of economies are that everyone should have the right to make their own decisions. I believe that the best type of economy is the market economy. This is because this allows to to make your own decisions. On Thursday we discussed Karl Marx who wrote the Communist Manifesto and Das Kapital. This concludes our week.