Frayer Model – Traditional Economy
Definition
Symbol or Picture
Traditional
Economy
Examples
Important Facts to Know
“It is…” – Command Economy
Command Economy
verb
adjective
noun
verb
adjective
noun
adjective
noun
Remember: A noun can be a person, place or thing. You can also use proper nouns.
Focus on Latin America:
Summary Statement:
noun
“Concept Definition Map” – Market Economy
Definition
Market Economy
Characteristics
Latin American countries that
are more market
Known As..
“The Most Important Thing” – Mixed Economy
Mixed Economy
The most important thing about a mixed economy is…
In Summary the one word that summarizes a mixed economy is
a