Economic Systems Explained: Capitalism, Socialism & Mixed Economies
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Economic Systems Explained: Capitalism, Socialism & Mixed Economies
What is Economic Systems? An economic system is the way a country or society organizes the production, distribution, and consumption of goods and services. It determines what to produce, how to produce, and for whom to produce. The main types are capitalism, socialism, and mixed economies. 💡Missed something in the video? Don't worry, the ...
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