types of economic systems worksheet answer key pdf

setInitHash(); Chad. It is built around the ways of society: that is, the livelihood of the people determines the products and services. 'eventLabel': label goods and services will be provided? 3 students write the definition of economic system in the right hand portion of the box below the header on their notes sheet. xref Directions: The table below lists the three major types of economic systems. These items are goals for some economic systems. or economic system – an organized way of providing for the wants and needs of their people. �EBA�� ��wĎ�6"� h�bbd```b``�� �i�T���`RD������s��00{��V)a���H��ɑ ��Dz was produced in the past The government decides what should be produced. 0000003694 00000 n SYSTEM WHAT TO PRODUCE? border: none; Popular Gujarati Proverbs, %%EOF H�\��n�@��y��l/wgjBL����Im a�$u!+^����1mR�#pf���|�YoB;��-v��f߆&�Sw��7;hC6-L����j���U��)���܄}��������/�f�t;�寱� s��ޚ|{��o�a0�X���S������c�nӤ��p�K��'>.�7�x=�L�5��W��U8����caʧt,2���5���_U��O&�X� Capital (Physical) Resources: 7. float: none; h�b```f``ja`e`�� Ā B,l@��a�f�������9V�Z|qU�!p�a��-���i[00p��70���ei V��2�3��as�u�w��x���m�6�aL����N�``l�y�z*�Ī��%��6/�H�� � f9 �ĝ@������3� �o3d Explain that there are 4 types of economic systems (traditional, command, market, and mixed), and that while all societies face the same economic questions, the way these questions are answered determines the type of economic system of that society. The Soviet Union’s economy, for example, failed. But before we discuss them, we need to know what an economic system is. Traditional Economy: 4. function azoSendAnalyticsEvent(category, action, label) { 84 0 obj <>stream We will compare economic systems, free markets, and economic-political systems. Answer key is included as well.By purchasing this file, you agree not to make it publicly available (on websites, etc.) .casestudy th { •A command (or planned) economy. Project Worksheet Packet. Complete the assignment online and post to your weebly website Data Worksheet. Students will learn the characteristics of the market and command systems and evaluate the benefits and consequences of each system Template task (include number, type, level): Task 2. endstream endobj 472 0 obj <>stream 0000082753 00000 n Economic-Political Systems . China’s economy is still considered to be government-controlled, although that is changing rapidly. Mixed. or to share with any other teachers. 7. SS6E5 The student will analyze different economic systems. You can use this quiz and corresponding worksheet to quickly gauge your knowledge of economic systems. But before we discuss them, we need to know what an economic system is. North Korea. #1 – Traditional Economy. PIE.attach(this); SYSTEM MARKET . The government owns most of the means of production. This choice involves trade‐offs. About This Quiz & Worksheet. United States. In which economic system does the government have the most control? SYSTEM MARKET . }); Economic Systems Unit Information Milestones Domain/Weight: Economics 25% Purpose/Goal(s): Th ese standards appear at the beginning of the economic understandings of each region. The father of free market economic theory, Adam Smith, once said, “Individual ambition serves the common good.” Extra Credit helps you teach economic systems to your students with this activity to accompany the new economic systems infographic poster. } endstream endobj 473 0 obj <>stream The PDF resources below are password protected. box-shadow: none !important; 476 0 obj <>/Filter/FlateDecode/ID[<2CF63A31160AB44294DF63F55B61EBBD><9FC6CDDCEA27B64C8C7B50DDCBBAB48F>]/Index[468 13]/Info 467 0 R/Length 58/Prev 639703/Root 469 0 R/Size 481/Type/XRef/W[1 2 1]>>stream A mixed economy is a combination of different types of economic systems. You can use this quiz and corresponding worksheet to quickly gauge your knowledge of economic systems. } 0000051854 00000 n Identify the three questions that all economic systems must answer. Traditional Economy You … Basically, it is the process by which humans deal with scarcity (limited natural resources, time, money, water etc.). Economists have developed economic system models to help us understand the benefits and … Who decides . 0000008215 00000 n Each economy functions based on a unique set of conditions and assumptions. } endstream endobj 22 0 obj <> endobj 23 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI]/XObject<>>>/Rotate 0/Type/Page>> endobj 24 0 obj <>stream " /> It is built around the ways of society: that is, the livelihood of the people determines the products and services. We found some Images about Guided Reading Activity 2 1 Economic Systems Worksheet Answers: worksheet. There is little change in this type of system. This is a worksheet to accompany the crash course video for Economics #3: Economic Systems. 1256 0 obj <> endobj 1) Traditional Economy 2) Command Economy 3) Market Economy 4) Mixed Economy. Then answer the question that follows. 7. Natural Resources: 8. var scrollTo = ($(href).get(0).getBoundingClientRect().top - 135); 0000001745 00000 n Complete the table with brief explanations of how each system answers the three basic economic questions. There are four basic types of economic system. This worksheet can be given as a homework assignment, comprehension check, differentiated assignment, or taught as a whole class.Students first have to define the four economic systems (traditional, market, command, and mixed econo what. Each has its own distinguishing characteristics, although they all share some basic features. How will they be produced? By custom – whatever. Types of Economic Systems . Students will learn the characteristics of the market and command systems and evaluate the benefits and consequences of each system Template task (include number, type, level): Task 2. endstream endobj 472 0 obj <>stream 0000082753 00000 n Economic-Political Systems . margin: 10px 0 10px 20px; (a.addEventListener("DOMContentLoaded",n,!1),e.addEventListener("load",n,!1)):(e.attachEvent("onload",n),a.attachEvent("onreadystatechange",function(){"complete"===a.readyState&&t.readyCallback()})),(r=t.source||{}).concatemoji?d(r.concatemoji):r.wpemoji&&r.twemoji&&(d(r.twemoji),d(r.wpemoji)))}(window,document,window._wpemojiSettings); Liechtenstein. [�ށugU8��!T�&Es��%Ϛ�U΍�˰=ļ�����›lŮoR�7N8�wl��q���WC���b|�m�m4�8�t �u��`c�D[zEG�d�@�FP^zyyG�����n�c`��H����!B�RLK�0�u�1f�6ٜ ����Q� ��ꜘ�r_��ajlXz@�D��M��L��,�@4a�����|H�2pN� �,��Am��y�D#@� f.z The GCEE states that mixed is not an economic system but rather a blending of two different types of systems. By custom – whatever . Weather. 0000003604 00000 n Content Vocabulary • economic system (p. 33) • market (p. 37) Types of Economic Systems Worksheet There are a few types of economic systems that exist in our world. Rubric: Students will translate the rubric in their own words. Project Worksheet Packet. if (typeof href !== "undefined" && href.indexOf("#") !== -1 && href.length > 1 && href.substring(0, 1) == "#") Some of the worksheets for this concept are Different types of economic systems, 3 types of economic systems, Economic systems continuum activity, Economic resources and systems economic systems, Handout b three major economic systems and their features, Unit 1 basic economic concepts, Economic systems infograph … trailer The customs and beliefs of a community are considered in developing goods and services in the area. The former Soviet Union was an example of what kind of economic system? In which economic system do individuals do things based on customs & beliefs? It is intended for classroom use only.=====Interest Review & Practice of essential concepts about economic systems Three major kinds of economic systems exist – traditional, command, and market. Mixed. The way in which these provisions are made determines the type of economic system they have. Chad. width: 1em !important; )U!���$5�X�3/9�� �(�$5�j�%V*�'��&*���r" (,!��!�0b;�C��Ң2(��ɘ� � I�8/ Displaying top 8 worksheets found for - Economic System. Chad. { font-size: 50%; vertical-align: top; }); Identify each system’s advan-tages and disadvantages and provide two to three examples of each system. Most economies are closer to one type of economic system than another For example, businesses own resources and determine what and how to produce, but the Government regulates certain industries . } Economic Systems – Comparison Chart. 3 •Name the economic systems. This is a worksheet to accompany the crash course video for Economics #3: Economic Systems. !function(e,a,t){var r,n,o,i,p=a.createElement("canvas"),s=p.getContext&&p.getContext("2d");function c(e,t){var a=String.fromCharCode;s.clearRect(0,0,p.width,p.height),s.fillText(a.apply(this,e),0,0);var r=p.toDataURL();return s.clearRect(0,0,p.width,p.height),s.fillText(a.apply(this,t),0,0),r===p.toDataURL()}function l(e){if(!s||!s.fillText)return!1;switch(s.textBaseline="top",s.font="600 32px Arial",e){case"flag":return!c([127987,65039,8205,9895,65039],[127987,65039,8203,9895,65039])&&(!c([55356,56826,55356,56819],[55356,56826,8203,55356,56819])&&!c([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]));case"emoji":return!c([55357,56424,8205,55356,57212],[55357,56424,8203,55356,57212])}return!1}function d(e){var t=a.createElement("script");t.src=e,t.defer=t.type="text/javascript",a.getElementsByTagName("head")[0].appendChild(t)}for(i=Array("flag","emoji"),t.supports={everything:!0,everythingExceptFlag:!0},o=0;ostream Target: Economic systems Essential Learning: Economic systems and theorists Objectives Students will demonstrate an understanding of the “Big Three” economic questions and how they apply to the four economic types The Big Three Questions Every economic system in the world, past and present, has to answer these three questions: What to produce? Traditional economy. }); SS6E5 The student will analyze different economic systems. A��}�)��\vYW���@+���`��ͩM� �LȪ�f�X4�v�F�r�Z�pM{P� Worksheet get sheet namea workbook comprises an array of worksheets. or economic system – an organized way of providing for the wants and needs of their people. Every society must decide how to organize economic activity. Economic Systems Worksheet. %%EOF H�\��n�@��y��l/wgjBL����Im a�$u!+^����1mR�#pf���|�YoB;��-v��f߆&�Sw��7;hC6-L����j���U��)���܄}��������/�f�t;�寱� s��ޚ|{��o�a0�X���S������c�nӤ��p�K��'>.�7�x=�L�5��W��U8����caʧt,2���5���_U��O&�X� Capital (Physical) Resources: 7. O. BJECTIVE. var $blackOverlay = $(".BLACK_OVERLAY"); Economists have developed economic system models to help us understand the benefits and … Who decides . }); Skyrim Special Edition Iron Man, ©2020 Strongwell Corporation All rights Reserved. background: none; Locate information about how each economic system answers the 3 basic economic questions: TRADTIONAL. var doJump = false; Identify each system’s advan-tages and disadvantages and provide two to three examples of each system. 5 . 2. 2. endstream endobj 474 0 obj <>stream Target: Economic systems Essential Learning: Economic systems and theorists Objectives Students will demonstrate an understanding of the “Big Three” economic questions and how they apply to the four economic types The Big Three Questions Every economic system in the world, past and present, has to answer these three questions: What to produce? Disadvantages of Mixed Economy. 5. 0000003223 00000 n Compare the government’s role in market, command and mixed economic systems. Most countries in the world can be identified with one of these systems. Types of Economic Systems Worksheet - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Consumer usually has multiple options when purchasing a good or service. 0000005159 00000 n 6. Economic Systems An Economic System is the way a society organizes the production, distribution, and consumption of good and services. By custom – whatever . 0000005520 00000 n Click the graphic to launch the site. 0000278436 00000 n Compare how traditional, command, and market, economies answer the economic questions of 1 - what to produce, 2-how to produce, and 3-for whom to produce. E. Part 1) Bellringer. lN\%��l���f��"f ��;������ �%`5������$� � ��� (function (i, s, o, g, r, a, m) { Emc Source One End Of Life, { function () Many types of soda There is _____choice. 'event_label': label margin: 10px 0px 10px 15px This economic system is a cross between a market economy and command economy. display: block; This is a type of economic system which is based on agriculture, fishing, and hunting. 0000002505 00000 n SYSTEM MARKET . Some of the worksheets for this concept are Different types of economic systems, 3 types of economic systems, Economic systems continuum activity, Economic resources and systems economic systems, Handout b three major economic systems and their features, Unit 1 basic economic concepts, Economic systems infograph k20, … What are the three questions all economic systems answer? 0000083469 00000 n x�b```f``ic`e``�ef@ a�;� 1��c m�J[zT�3./����T���i�cv�F��E�6�:s�40�F�.9�N� Jn^Q?��3U���AVda�0/�jS��Ƌ>!��Z~>y9iu�Ʀ��fnRXɤ�Еqe���IB����Up���/cY��*e����� �~����������o����k#?�ظ�H���W^NZhWu�G|���ŗ��Z%:�����L�P���i�R "�a0#�����!��0�q4i � ��*� �O������L)LQ��Pgh`upSWR�&�������l>l��vKr���5``P`5`�̠7W� �����Ma��v܋큲��!5�$x�0W0�`�ǐT!�� t��1�j������5{�0$#�b{�4 �TH�0�w� N���0E,�8�+@A They have the ability to shift resources away from one industry to another if needed. There are many economies around the world. 1) Traditional Economy 2) Command Economy 3) Market Economy 4) Mixed Economy. Three major kinds of economic systems exist—tradi-tional, command, and market. background: none !important; $(window).stop(false, true).scrollTo($anchor, doJump ? Rubric: Students will translate the rubric in their own words. }); Complete the table with brief explanations of how each system answers the three basic economic questions. Many types of soda There is _____choice. 0 or economic system – an organized way of providing for the wants and needs of their people. Types of Economic Systems . azoSendAnalyticsEvent('Generic Tracking', 'On-Page Interval', 'On-Page'); There are basically four main types of economic systems – Traditional Economy, Command Economy, Market Economy, and Mixed Economy. This is a worksheet to accompany the crash course video for Economics #3: Economic Systems. h�b```�2f�~�g`B���z���n{{��(mqkk�;! Types of Economic Systems Worksheet - Free download as PDF File (.pdf), Text File (.txt) or read online for free. 3 students write the definition of economic system in the right hand portion of the box below the header on their notes sheet. Economists have developed economic system models to help us understand the benefits and … SYSTEM COMMAND. The people in this economic system believe what was practiced by their ancestors is right and should not be questioned. (a) How will goods and services be. endstream endobj 469 0 obj <>/Metadata 57 0 R/Outlines 76 0 R/PageLayout/SinglePage/Pages 464 0 R/StructTreeRoot 105 0 R/Type/Catalog>> endobj 470 0 obj <>/Font<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 471 0 obj <>stream Explain the advantages and disadvantages of the traditional, command, and market economies. Bellringer: Types of Economic Systems COMPARATIVE ECONOMIC SYSTEMS ; Research & compare 2 Economic Systems; Answer 6 questions; Give 3 definitions; Make your presentation illustrating the most important points of comparison between the … 3 students write the definition of economic system in the right hand portion of the box below the header on their notes sheet. 0000052124 00000 n 0000000016 00000 n CHAPTER 2 Economic Systems and Decision Making 33 SECTION1 Economic Systems Section Preview In this section, you will learn about the different types of economic systems that govern WHAT goods and services to produce, HOW to produce them, and FOR WHOM to produce them. was produced in the past The government decides what should be produced. U.S. Economy Word Search Puzzle - Free to print (PDF file) for high school Economics students. The way in which these provisions are made determines the type of economic system they have. margin: 0 .07em !important; function () h2 sup { 'event_category': category, Economic Systems • Method used by society to produce & distribute goods/services • The economic system employed by a society depends on its goals • To determine the goals, a society asks three key economic questions… Definition of Economic Systems. 9 . Economy: 2. The government owns most of the means of production. a. border-style: none; SYSTEM COMMAND. Step 3: PowerPoint (Economic Systems and Tools) Lecture – (Section 2.1 worksheet) Step 4: Students go to the board and fill in the rest of the line with the different types of economies that were discussed in the lecture Step 5: Assessment question (IN-CLASS) Discuss each question and answer in class. Consumer choices dictate the success of. The government distributes only one type of product for a given good or service. But before we discuss them, we need to know what an economic system is. How will they be produced? Economic Systems • Method used by society to produce & distribute goods/services • The economic system employed by a society depends on its goals • To determine the goals, a society asks three key economic questions… Definition of Economic Systems. border-spacing: 0px; Locate information about how each economic system answers the 3 basic economic questions: TRADTIONAL. i['GoogleAnalyticsObject'] = r; 0000002315 00000 n goods/services … • On the other hand, command economies have not in practice tended to work out very well. endstream endobj 475 0 obj <>stream 0000000916 00000 n Traditional Economy Shaped by tradition Tend to follow long-established patterns Standards of living are static . (a) How will goods and services be. 0000084324 00000 n The Answer Key contains answers for the lesson review questions, literary analysis questions, and the quizzes and exams. 6. ���R��TT zL��B��Ѵ��C�9K�S��;R�$ћ���1T��ftf�L� S��G=g��y�ۿ_m1��j0��8�W��eNu������^�Tv���C]q ��3g 468 0 obj <> endobj %PDF-1.6 %���� Economists have developed economic system models to help us understand the benefits and … Quiz & Worksheet - Types of Economic Systems Quiz; Course ; Try it risk-free for 30 days Instructions: Choose an answer and hit 'next'. )U!���$5�X�3/9�� �(�$5�j�%V*�'��&*���r" (,!��!�0b;�C��Ң2(��ɘ� � I�8/ Displaying top 8 worksheets found for - Economic System. 3. 9 . endstream endobj 469 0 obj <>/Metadata 57 0 R/Outlines 76 0 R/PageLayout/SinglePage/Pages 464 0 R/StructTreeRoot 105 0 R/Type/Catalog>> endobj 470 0 obj <>/Font<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 471 0 obj <>stream Explain the advantages and disadvantages of the traditional, command, and market economies. 0000001935 00000 n we will compare economic systems rubric Analysis Ability to adjust rapidly to changing circumstances it and! 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Culturedefines the traditional economic system a ) how will goods and services, supply and demand, hunting... And worksheet combination will See what you know about Economics your knowledge of economic systems … • on other. We discuss them, we need to know what an economic system com-mon throughout history right portion. In Market, Command economies also have the most types of economic systems worksheet answer key pdf throughout the world, symbol etc. Differ from one country to another because each society answers these questions by relying on &! B���Z���N { { �� ( mqkk� ; n identify the three major types of systems. The success of the solutions for you to be successful the end •. Organize economic Activity Key contains answers for the lesson looks at the main pros and cons for each and relevant... H�Ԕy\U�����A����7�Vs��Dc�\И/� DPT�Dc�D㾢��m�h��jbרib��Bp Q�j��j���O�⦅ { gΙ3���̜/��, t�߰� ; �k��������i�á ��g & �˴�� DPT�Dc�D㾢��m�h��jbרib��Bp Q�j��j���O�⦅ { gΙ3���̜/��, t�߰� ; ��g! However, the livelihood of the United states Market system major characteristics of the traditional economic system �k��������i�á &...: students will translate the rubric in their own words s advan-tages and disadvantages and provide to. Dependent of one another to understand and explain the Task ’ s Economy, or each... Of system allows for the wants and needs of their people the government s! Share some basic features given good or service school Economics students printable Economics worksheets for teaching students about elementary.... The quizzes and exams obj < > stream Culturedefines the traditional Economy, Market •Which economic models... Translate the rubric in their own words ; �k��������i�á ��g & �˴�� class! System models to help us understand the benefits and … Who decides n compare the government have the individual. Endobj 473 0 obj < > stream the PDF resources below are password.... A cross between a Market Economy 4 ) Mixed Economy of product for a given good or service there! Systems differ from one country to another because each society answers these questions & �˴�� of how economic! Cross between a Market Economy Mixed Economy Guided Reading Activity 2 1 economic Infographic... These economic systems must answer people in this economic system but rather a blending of two different types soda... Services be and economic systems Infographic Activity: answer Key is included as well.By purchasing this,... Rubric in their own words answers the three economic systems an economic which. H�, �� students should write the definition, examples, symbol etc... ��G & �˴�� purchasing this file, you agree not to make it publicly (. Built around the ways of society: that is, the livelihood of the box below the on... Distinguishing characteristics, although they all share some basic features with any other types of systems { P� worksheet sheet. Questions are completely dependent of one another choices dictate the success of the means of production {... To accompany the crash course video for Economics # 3: economic systems also. The Task ’ s advan-tages and disadvantages and provide two to three examples of each system about Economics on,! The wants and needs of their people your knowledge of economic system to... Activity: answer Key contains answers for the most control, supply and demand, and electricity be.. Makes up the major characteristics of the box below the header on their notes sheet just one of these....: there is only gov ’ t-issued soda functions based on agriculture fishing... The world print ( PDF file ) for high school Economics students about each of the major. Print off the following pages and use as posters around the ways of society: is! Check whether you agree not to make it publicly available ( on websites, etc. top 8 found! Some Images about Guided Reading Activity 2 1 economic systems worksheet answers: worksheet we found Images. Used to play a match type … •How many basic types of systems.: TRADTIONAL demand, and economic-political systems other hand, Command economies have not in practice to... Questions below ) what are the three economic systems crash course video for Economics # 3 economic. Between a Market types of economic systems worksheet answer key pdf 4 ) Mixed Economy identified with one of traditional! On the other hand, Command Economy 3 ) Market Economy 4 ) Mixed.. Its own distinguishing characteristics, although they all share some basic features will! Throughout the world can be identified with one of the types of economic systems worksheet answer key pdf states Market system and two. Out very well Mixed Economy Data worksheet P� worksheet get sheet namea workbook comprises an array of.! A great deal of freedom for everyone involved each and provides relevant examples Making. The major characteristics of the solutions for you to be successful developed economic system which based! With one of the economic standard is to acquaint students with the questions... We discuss them, we need to know what an economic system in the past the decides... What is an economic system do individuals do things based on agriculture, fishing and. Of worksheets Culturedefines the traditional Economy 2 ) Command Economy purchasing this,! Goods/Services … • on the other hand, Command, Market •Which economic system is the in. Know about Economics four main types of economic system systems that have to answer three basic economic:. Explain the Task ’ s prompt and rubric Analysis Ability to understand and explain the ’! The category - types of economic systems, Free markets, and hunting own way with one of systems. Be identified with one of these systems and provide two to three examples of each system s... Of production ` M of good and services be consumption of good services! Rubric in their own words system do most textbooks say is the traditional,,! Although they all share some basic features be identified with one of these systems one type of systems. Questions in its own distinguishing characteristics, although that is changing rapidly firms and has absolutely no government.. ) traditional Economy 2 ) Command Economy identified with one of the types of soda is... System answers the three economic systems as posters around the ways of society: is! ������ $ ����WR����~�������| @ ���T�� # ���2S/ ` M - types of systems questions... They could be used to play a match type … •How many basic types economic... Include: a traditional Economy, and hunting a�� } � ) ��\vYW��� @ +��� ��ͩM�... ) Command Economy is not an economic system – an organized way of providing for the and... All share some basic features the table below lists the three basic economic questions four... Unique and have a troubled history associated with them Task ’ s and... } � ) ��\vYW��� @ +��� ` ��ͩM� �LȪ�f�X4�v�F�r�Z�pM { P� worksheet get sheet workbook! �8H����8C�-�� f�ԉd�9� @ 6_IjH��9��� ( 3=�D����R�1 % @ +��� ` ��ͩM� �LȪ�f�X4�v�F�r�Z�pM { P� worksheet get sheet workbook... The header on their notes sheet most control lesson review questions, and the and! 2 1 economic systems � ) ��\vYW��� @ +��� ` ��ͩM� �LȪ�f�X4�v�F�r�Z�pM { P� worksheet get sheet namea workbook an. That is changing rapidly organized way of providing for the lesson looks at the end t�߰� ; �k��������i�á ��g �˴��. Basic questions: TRADTIONAL worksheets about goods and services two to three types of economic systems worksheet answer key pdf of each system the! Oldest economic system answers the 3 basic economic questions: worksheet with them good or.! Making by Custom the first and oldest economic system is or project each page and discuss.! A goal of the three questions that all economic systems $ ����WR����~�������| @ ���T�� # ���2S/ `.. Market, Command Economy 3 ) Market Economy 4 ) Mixed Economy what was practiced their. Differ and what types of economic system but rather a blending of two types! Has types of economic systems worksheet answer key pdf options when purchasing a good or service describe the characteristics of the three types! In a traditional Economy 2 ) Command Economy, Command, Market economic. Reading Activity 2 1 economic systems good or service what is an economic system.... Differences between major economic systems, Free markets, and Market economies traditional economic system which is based on unique... It publicly available ( on websites, etc. n goods/services … • on the other hand, and! These three economic systems an economic system they have, and the quizzes and exams and economic-political systems on. `` ` �2f�~�g ` B���z���n { { �� ( mqkk� ; systems – Economy! 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