The US has a free market system. The country can do mass production in a day. The business sector dictates the supply and demand of the business. The government can decide whether they should approve or deny the business and what they should and should not produce.Brazil has a command and traditional market economy. The government dictates the business. They dictate the supply and demand and the products that should be produced.Russia recently has been recognized as a market economy however they follow the traditional and command market system which is similar Braz
This example illustrates a social identity level. A social
identity occurs when an individual defined who or what he or she is on a
specific group that he or she is in or belongs to; it could be seen in the
scenario above as Amanda differentiates the two teams.
