The current principal economic activity in Vermont is dairy farming. After the Civil War, dairy farming replaced wool production as the chief agricultural activity in the state.
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
There are many types of economic systems, but three of the most common are listed here. capitalist economic system socialist economic system mixed economic system
Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.