Section 1.3: Types of Economic Systems in AP Microeconomics
I used these notes to get 97% in the course. These notes explain the different economic systems and the role individuals and government plays in each, as well as the implications in the real world. The notes explain (1) the market economy, (2) command economy, (3) mixed economy, (4) barter economy, (5) gift economy, (6) and traditional economy
Written for
- Institution
- AP Microeconomics
- Course
- AP Microeconomics
Document information
- Uploaded on
- March 16, 2022
- Number of pages
- 6
- Written in
- 2020/2021
- Type
- Class notes
- Professor(s)
- -
- Contains
- Unit 01: basics of microeconomics
Also available in package deal