Learn about mixed economies blending capitalism and socialism. Explore their features, benefits, and challenges in this ...

Economic System Types. The world's economic systems fall into one of four main categories: traditional economy, market economy, command economy and mixed economy; however, there are unlimited ...

Discover the principles of laissez-faire economics, its historical context, benefits, and drawbacks. Learn why this ...

Market Economy – A market economy is free of all government control. “The economic outcomes are determined by the market forces and the so called ‘invisible hand,’ to use a term coined by philosopher ...

The economy of Ancient Rome was one of the most complex and influential systems in history, fueling the rise of an empire ...

Lecture-Discussion: Introduce the three types of economic systems with the following videos from the C-SPAN Library: Video Clip 1: Current Perspectives on Socialism and Capitalism (2:45) ...