He was out of work for two months and had to pay off the doctor's bills after he got back to work. Paul's dad wants him to learn to be a plumber so he can take over the business when he is ready. Paul is not looking forward to this. He wants to go to college and learn to be a computer programmer. Paul loves to fish and figures that if he is writing computer programs, he can live on a lake where he can fish any time he wants.
Traditional economy is one based on self-sufficiency, with barter as the form of trade.
People will do things as they have always been done. Traditional societies depend upon personal characteristics for social organization. Those include who you are, your status or your family's status. This determines what job you will do and how you will live. Command economy is one in which decisions about production, distribution and consumption are made mostly by the government.