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economics
Economic Systems
An economic system is the way a society coordinates the production and consumption of goods and services.
Each system answers the three economic questions differently and illustrate the six economic goals.
Traditional
Mixed
Market
Command
Watch the video about Mixed Economic Systems using this link.
http://www.investopedia.com/video/play/mixed-economic-system/
Do Now:
Research information about each economic system. Have AT LEAST 3 FACTS for each economic system.
Make sure to give an example of a country that practices each system. Describe how they use their economic system in their country.
Take reading quiz when done.
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