WASSCE Economics · Economic Foundations
Economic Systems
Capitalist, socialist, and mixed economic systems — their features, advantages, and disadvantages.
- lessons
- 2
- of study
- 13 min
- free to read
- 1
Across the topic: 10 sections · 1 worked example · 1 diagram
Topic content
Lessons in this topic
2 lessons · 13 min
- 1Capitalism and socialism7 minFree7 minFree
- 2The mixed economy6 min Plan6 min Plan
- The mixed economy
- Features of a mixed economy
- Advantages of a mixed economy
- Disadvantages of a mixed economy
- How the three systems answer the basic problems
1 worked example · 1 diagram
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- 03Tools of Economic AnalysisTables, charts, graphs, averages, percentages, and other tools used to analyse economic data.1Tables, charts and graphs in economicsFree2Mean, median, mode and standard deviation8 min 2 lessons 16 min
