<span>The North American Trade Agreement (NAFTA), is an economic organization that implements policies for open trade between </span><span>Canada, United States, and Mexico. Through liberalization, the countries were able to have mutual benefits.
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</span><span>The three countries benefited from the trades through increase production, more jobs and better conditions in businesses.</span>
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Market economies are based on market forces like supply and demand. Mixed economies fall in the middle of market and command economies (where economic choices are governed by some central entity usually the government). The former Soviet Union (USSR) is an example of a command economy where economic choices (what to buy, sell and produce) where made by the government. If Australia is becoming more of a market economy and less of a mixed economy, fewer decisions are made by the government. Here's a diagram of two major types of economies:
Command Economy <-------------- Mixed Economy --------> Market Economy
(Government makes the decisions) (A little of both) (Individuals decide)
Because they are consumed by other animals to obtain their energy
