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traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
Every country has an economic system
Market-Apex
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
Every country has an economic system
Market-Apex
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
its a economic system in which you MEEP MEEEP
Economic system is a system that involves the production, destribution and consumption of goods and services between the entities in a particular society. The economic system is composed of people and institutions, including their relationships to prductive resources. such as through the convention of property. it is the systemic means by which porblems of economics are addressed, such as the economic porblem of scarcity though allocation of finite productive resources.
The division of labour as an economic sub system in sociology results to specialization which leads to learning and development of new skills.
The global economic and geopolitical system can be crushed through the use of technology by influencing the way things are done.
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
describe the different forms pf energy
Economic efficiency describes how well a system generates desired output.