Economic systems are needed to help control the power in the people and the government. Thus for different countries with different powers relates to the different types of economic systems.
there is no such thing as political economic systems, there are only economic political systems
why dp cultures develop economic systems
The economic and political systems in Britain used to work together because the political system needed a lot of financial backing for it to remain. There had to be finances if the political system recommended going to war.
prevailing economic systems
Capitalists economic system
there is no such thing as political economic systems, there are only economic political systems
why dp cultures develop economic systems
One way to define economic systems is to classify them according to whether they are market systems or command systems.
The economic and political systems in Britain used to work together because the political system needed a lot of financial backing for it to remain. There had to be finances if the political system recommended going to war.
prevailing economic systems
Capitalists economic system
what three questions must all economic systems answer?
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.
Feudal economic system
In evaluating economic systems, it is most important to consider give me a answer
Most countries have similar economic systems, which are a mixture of a free market and government regulation.