close
    what is economic system

    0  Views: 1091 Answers: 1 Posted: 13 years ago
    Tags: nation

    1 Answer

    An economic system can be defined as an organized way in which a state or nation allocates its resources and apportions goods and services in the national community. Some common economic systems are: capitalism, communism, market system, mixed economy, and socialism. All economic systems are run differently with different beliefs on what would best help the economy be successful. This includes government regulations, different laws, and the ownership of businesses. 



    Top contributors in Politics category

     
    ROMOS
    Answers: 171 / Questions: 0
    Karma: 11415
     
    Benthere
    Answers: 25 / Questions: 0
    Karma: 11355
     
    Colleen
    Answers: 278 / Questions: 6
    Karma: 10780
     
    jhharlan
    Answers: 136 / Questions: 2
    Karma: 9645
    > Top contributors chart

    Unanswered Questions

    m7gamesnet1
    Answers: 0 Views: 4 Rating: 0
    8xbetglobalcom
    Answers: 0 Views: 5 Rating: 0
    7clubfit
    Answers: 0 Views: 8 Rating: 0
    789fsoy
    Answers: 0 Views: 12 Rating: 0
    8xbetzrucom
    Answers: 0 Views: 16 Rating: 0
    sodocasinozcom
    Answers: 0 Views: 11 Rating: 0
    > More questions...
    504840
    questions
    746563
    answers
    844443
    users