List any details about the different Econ Systems.
1. Free Market
2. Centrally Planned
3. Mixed
4. Traditional
1. Free Market
2. Centrally Planned
3. Mixed
4. Traditional
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Free Market System "Capitalism"-
What are some characteristics? 1. 2. 3. 4. Econ Goals: Give an example.
Efficiency- Growth- Security- Equity- Freedom- What are the 3 economic questions? Who answers the 3 economic questions?
Production Possibilities Curve
What does it show? How does it work? What is opportunity cost?
What does the term "guns or butter" mean? |
AuthorMr. E Archives
January 2019
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