Intro: Topic 1.3 -- Economic Systems
Hey Everyone! I'm Mr. Willis, and You Will Love Economics!
In this video, I will:
Define economic systems, identify the most common systems around the world, and
name the economists who advocated these systems
Discuss the fundamentals of the free-market, centrally-planned, and mixed economic
systems
Discuss the differences between economic systems, how each answers the essential
economic questions of "what", "how", and "for whom", and then how the market can fail
through allocative and productive inefficiency
Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video:
https://www.teacherspayteachers.com/P...
Follow our store on Teachers Pay Teachers
https://www.teacherspayteachers.com/S...
Look for us on Social Media:
Instagram -- / youwillloveh. .
Facebook -- / youwilllovehi. .
Subscribe to our YouTube Channel:
/ youwillloveeconomics
Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...
Watch video Intro: Topic 1.3 -- Economic Systems online, duration hours minute second in high quality that is uploaded to the channel You Will Love Economics 10 March 2017. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 320,349 times and liked it 2.6 thousand visitors.
