Intro Topic 13 Economic Systems

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=sHkviUk_47k

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...

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