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Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
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Is economic systems based on profit and loss?
The economic systems is based on profit and loss since they reflect the values of the economy in place.
Why do kin-based economic systems prevail in non-industrial societies?
prevailing economic systems
What economic system did the Eskimos have?
A pre-capitalist systems based on sustenance.
How do the four economic systems answer the three basic questions of economics?
Societies answer the three economic questions based on their values!
What is the term used to describe economic systems in which the basic economic questions are answered based on a socially pre-established way?
tradiotnational
Is economic systems based on profit and loss?
The economic systems is based on profit and loss since they reflect the values of the economy in place.
Why do kin-based economic systems prevail in non-industrial societies?
prevailing economic systems
Economic system are based on?
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
What economic system did the Eskimos have?
A pre-capitalist systems based on sustenance.
How do the four economic systems answer the three basic questions of economics?
Societies answer the three economic questions based on their values!
What are the two economic systems?
Traditional economic system. The traditional economic system is based on goods, services, and work, all of which follow certain established trends. Command economic system. In a command system, there is a dominant centralized authority – usually the government – that controls a significant portion of the economic structure. Market economic system. Market economic systems are based on the concept of free markets. In other words, there is very little government interference. Mixed system. Mixed systems combine the characteristics of the market and command economic systems. For this reason, mixed systems are also known as dual systems.
What is the term used to describe economic systems in which the basic economic questions are answered based on a socially pre-established way?
tradiotnational
What are the types of political economic systems?
there is no such thing as political economic systems, there are only economic political systems
What type of economic systems does papua new guinea?
Papua New Guinea has a capitalism based economy.
Why cultures develop economic systems?
why dp cultures develop economic systems
What is a way of defining economic systems?
One way to define economic systems is to classify them according to whether they are market systems or command systems.
As chief justice of the US John Marshall helped to ensure that?
the political and economic systems were based on a strong central government.
