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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.
Karl Marx insisted that the type of government depends on economic and geographic factors. He believed that the economic structure of a society influences its political structure and that different economic systems would result in different forms of government.
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.
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
NATIONAL SOVEREIGNTY is the proper term for the power of a nation-state to determine its form of government economic and social systems.
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economic systems
NATIONAL SOVEREIGNTY is the proper term for the power of a nation-state to determine its form of government economic and social systems.
government