Economic Systems Chapter 2. Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional.
Chapter 2. Types of Economic Systems Economic system: how society uses resources to satisfy peoples wants Three basic systems: Traditional Command market.
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Greek Philosophy Socrates, Plato, & Aristotle Philosophy Philosophy love of wisdom Early Greek philosophers were concerned with the development.
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Economic Systems Today’s Objective: To be able to differentiate between the three economic systems and their characteristics.
