Economic systems

IB Economics: Economic systems

This lesson focuses on different types of economic systems and the advantages and disadvantages of each type of system. I have included the introductory exercise in editable form so that you can add your own countries. An important point to note is that there are currently no nations which can be considered either a pure free market system or entirely a command economy, but that some nations are closer in character...


To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.