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Q: What is the definition for an economic system?
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What is the definition of an Economic System?

The system of production and distribution and consumption.A.Free-market economyAn economic system where decisions are made by producers and consumers.C.Mixed economyAn economic system that uses both free-market and command principles.B.Planned economyAn economic system run by the government.


What is the definition of TELUS?

It means Transportation Economic Land Use System


What is an economic system run by the government?

The definition of a state-run economy would be Communism but there is no definition of providing for its citizens.


What is the definition of political System?

A system of politics and government. It is usually compared to the legal system, economic system, cultural system, and other social systems.


What is the best definition of an economic system?

process by which people choose how to use limited resources in order to meet their needs


What is the definition of industrial town?

An industrial town is a city where the economic system is based off industry, such as a mining town.


What are the different economic system?

traditional economic system command economic system market economic system


What are the three different economic system?

traditional economic system command economic system market economic system


What is the definition of ECONOMIC ASPECT?

Entrepreneurs economic aspects


What is the definition of labor in economics?

the definition of labor and economic


What is the definition of Economic Demand?

no answer


Economic planning definition?

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