Our communities want to thrive |
Our economies can help with that |
For your system does this and that |
While my system does differently than that |
Goodness knows what the end will be |
Oh how do we deal with scarcity? |
It seems our systems will help to provide |
provisions must be done: |
You use customs from different generations |
You use traditions to decide for production |
tradition, production tradition, production |
Its traditional economy |
You specialize in hunting and I do the farming |
traditional economies have no uncertain planning |
tradition, production, tradition, production |
Its traditional economy |
But oh whats the best economy?...well we're not sure |
And oh, What, how, and for whom to produce are set for sure |
So if you use teamwork, and have equal opportunities |
Government controls the resource's quantities |
utilizing heavy industrialization |
Its command econ - economy |
Its command economy |
Sadly it discourages hard working motives. |
as well as creative and different propositions |
It can quickly change its priorities |
Its command economy |
You use de-mand to determine sup-ply |
providing for consumers in hopes of higher profit |
consumers, providers, exchanging certain products |
Its a market economy |
But oh whats the best economy?...well we're not sure |
And oh, What, how, and for whom to produce are set for sure |
So if you use customs from different generations |
You use traditions to decide for production |
tradition, production tradition, production |
Its a system that is culturally run |
Its traditional economy |
I say we use teamwork, and have equal opportunities |
Government controls the resource's quantities |
utilizing heavy industrialization, Its a command economy |
I use de-mand to determine sup-ply |
providing for consumers in hopes of higher profit |
consumers, providers, exchanging certain products |
Its a market economy |
So if I like customs to dictate our production |
Government regulation or individual freedom |
Tradition, command, and market economies |
Help us with our scarcities |
Its an economic system |
Written by Sebastian Razo
Submitted on: May 13, 2021
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