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involvement\nEconomic systems influence:\nWhy They Matter\nMARKET ECONOMY\nPrivate ownership\nPrices set by supply and demand\nCOMMAND ECONOMY\nGovernment controls production\nPrices set by the state\nCombines private business and government regulation\nMIXED ECONOMY\nMain Types\nThe level of government involvement defines each system\nEvery system answers three questions:\nThe Core Purpose\nWhat to produce\nHow to produce\nWho receives goods and services\nSources:  World Bank, International Monetary Fund, Britannica\nDesign Elements / Icons\nThis presentation template\nuses the following free fonts:\nYou can find these fonts online too.\n#FFFFF3\n#595959\n#FB6741\n#28231D\nUse these in your template, then delete or hide this page afterward.\nResource Page\nGilda Display\nInter\nTITLES:\nBODY TEXT:\nFONTS\nCOLORS\nThis template is free for everyone to use,\nthanks to the following:\nfor this template\nfor the photos, graphics, and elements\nHappy designing!\nCredits\nPexels, Pixabay, Sketchify","cbCaivBveBLmBMA1","https://ap.wps.com/l/cbCaivBveBLmBMA1","pptx",423724,"English","# Economic Systems\n## Main Types\n## The Core Purpose","[{\"question\":\"What is the primary function of economic systems?\",\"answer\":\"Economic systems explain how societies produce, distribute, and manage goods and services, addressing fundamental questions about production and resource allocation.\"},{\"question\":\"What are the main types of economic systems discussed?\",\"answer\":\"The main types are market economy, command economy, and mixed economy, each defined by the degree of private ownership, price setting mechanisms, and government intervention.\"},{\"question\":\"What are the three core questions that every economic system answers?\",\"answer\":\"Every economic system fundamentally answers what to produce, how to produce, and who receives the goods and services generated within society.\"}]","Economic Systems | PPTX",1788870688]