Grade 6-8, 9-12
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Video

Economic Systems Video and Quiz

Updated: August 11 2025,
Author: barrel fan
Teacher Version

Standards

State Standards

Concepts

AP Macroeconomics, Economic Institutions, Economic Systems, Firms and Production, Market Structures, Role of Government & National Economy, Role of Institutions
 Open Video

This video teaches the concept of Economic Systems. Economic systems can be categorized according to who makes most of the decisions in an economy: by individuals and firms or by government officials. [TRANSCRIPT]