Economic Systems Song (Demi Lovato - Confident Parody)
All / Social Studies / Economics
Mr. M and the History Club explains the different types of Economies ( Market, Command, Traditional, and Mixed Economy) To the tune of Confident by Demi Lovato. Check us out on FACEBOOK: https://www.facebook.com/SingingHistoryTeachers Twitter: https://twitter.com/SinginHistTeach Instagram: https://www.instagram.com/The_Singing_History_Teacher
Hey Mr. M
Can you explain the different types of Economies?
The Singing History Teachers presents
The Types of Economies song
The Government controls it
They?re the Boss right now
They tell you what your making and how much of it
Controlling resource quantity
It?s a Command Economy
Economy based on our past, it?s our History
Helps us make decisions for our community
This is why we still Hunt
It?s a Traditional Economy
So you think it?s complicated
But these Economies are all Related
By how Resources are Allocated (Allocated - Handed Out)
Government Controlling
Government Controlling
It?s Command
Culture impacting
Culture impacting
It?s Traditional
No Government Regulation
Only Supply and Demand
Tells you what you?re making and how much of it
Lots of Competition in a Market Economy
So you think it?s complicated
But these Economies are all Related
By how Resources are Allocated (Allocated - Handed Out)
Government Controlling
Government Controlling
Government Controlling
It?s Command
Culture impacting
Culture impacting
Culture impacting
It?s Traditional
No Government Regulation (No Government Control)
No Government Regulation (No Government Control)
No Government Regulation (No Government Control)
It?s Market
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
It?s Mixed Economy
So you think it?s complicated
But these Economies are all Related
By how Resources are Allocated (Allocated - Handed Out)
Government Controlling
Government Controlling
Government Controlling
It?s Command
Culture impacting
Culture impacting
Culture impacting
It?s Traditional
No Government Regulation (No Government Control)
No Government Regulation (No Government Control)
No Government Regulation (No Government Control) It?s Market
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
It?s Mixed Economy
Can you explain the different types of Economies?
The Singing History Teachers presents
The Types of Economies song
The Government controls it
They?re the Boss right now
They tell you what your making and how much of it
Controlling resource quantity
It?s a Command Economy
Economy based on our past, it?s our History
Helps us make decisions for our community
This is why we still Hunt
It?s a Traditional Economy
So you think it?s complicated
But these Economies are all Related
By how Resources are Allocated (Allocated - Handed Out)
Government Controlling
Government Controlling
It?s Command
Culture impacting
Culture impacting
It?s Traditional
No Government Regulation
Only Supply and Demand
Tells you what you?re making and how much of it
Lots of Competition in a Market Economy
So you think it?s complicated
But these Economies are all Related
By how Resources are Allocated (Allocated - Handed Out)
Government Controlling
Government Controlling
Government Controlling
It?s Command
Culture impacting
Culture impacting
Culture impacting
It?s Traditional
No Government Regulation (No Government Control)
No Government Regulation (No Government Control)
No Government Regulation (No Government Control)
It?s Market
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
It?s Mixed Economy
So you think it?s complicated
But these Economies are all Related
By how Resources are Allocated (Allocated - Handed Out)
Government Controlling
Government Controlling
Government Controlling
It?s Command
Culture impacting
Culture impacting
Culture impacting
It?s Traditional
No Government Regulation (No Government Control)
No Government Regulation (No Government Control)
No Government Regulation (No Government Control) It?s Market
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
Some Regulation (Command Economy + Market Economy)
It?s Mixed Economy
