Types of Goods and the Four Main Economic Systems
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YouTubeProfessor Dave Explains
Types of Goods and the Four Main Economic Systems
With microeconomics covered it's time to dive into macroeconomics! We will begin by looking at the four main economic systems. This will require that understand the types of goods and services, those being rivalrous or non-rivalrous, excludable or non-excludable, with these labels mixing and matching to give us private goods, public goods ...
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