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Economic systems

This lesson focuses on different types of economic systems and the advantages and disadvantages of each type of system. I have included the introductory exercise in editable form so that you can add your own countries. An important point to note is that there are currently no nations which can be considered either a pure free market system or entirely a command economy, but that some nations are closer in character...


Tags: economic systems, planned economy, mixed economy, free market economy, economic systems

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