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I&S Macroeconomics
Aadya and Johanna
E-9A
Economics: Russia VS Iceland
Centrally Planned Economy VS Mixed Economy
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Topics
Iceland
Learn about Iceland's free market economy and how it has been adapted to meet the needs of the people and at what degree of success.
Russia
Learn about Russia's planned economy and how it has been adapted to meet the needs of the people and at what degree of success.
Comparing the two
Learn the similarities and disadvantages of both Iceland and Russia and see which country has a more developed and successful economy.
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Economics systems can strengthen connections and promote stability in human societies.
Statement of Inquiry
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