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People wanting shoes ? Public Free Market Economy ? Nike makes more shoes ? Capitalism United States Labor Laws ? Private Nike ? Decides to produce 10,000 Microwaves ? Output Cuba Owns Company that makes Microwaves ? Centralized Economy ? Communism Decisions Making Cuba ? -Pays employees -Keeps Profits ? $$$ Collects Taxes to pay for Health care for their citizens ? Government Canada ? Mixed Economy Socialism produces products & makes money from sales ? Public Nike ? |