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The reason is because x^2 = idk that like the first time iv ever answered anything or used that term idk.

Any way i think its beacuse if countries didnt have on then the procces in which the produce the goods and services would be very unorganized weird or .... idk but yeah thats what i put for a paper and man i got 120% and i didnt answer any other questions or bribe the teacher

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Q: Explain why every country must have a economic system?
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Related questions

What are the different countries that have economic system?

Every country has an economic system


Who has a traditional economic system?

A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.


Why do countries need economic systems?

I don't think you know what an economic system means. Every single country, every single state, every single city, every town and every house have an economic system. Economics is simply the study of the choices people make under limited resources (money, time, actual resources etc). So two people trading in the middle of the desert are using an economic system.


What three key economic decisions must every economic system make?

The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.


Where can one obtain a list of countries having an Islamic economic system?

as far as an Islamic economic system is concerned there is an Islamic economic system in Saudi Arabia where you connot find even a person for zakat.then There is Iran also.An Islamic economic system means means every one's prosperity.


If every country had its own system would it be an advantage to the SI system?

No.


What are three economic questions that every country must answer?

What to produce. How to produce. and How much to produce.


What are three economic questions every country must answer?

What to produce. How to produce. and How much to produce.


What are the three fundemental questions that every economic system must answer?

what to produce. how to produce. who gets it


Countries with mixed economic system?

Almost every country in the world is a mixed economic system, there are no real pure capitalistic or pure command economies any more. Nations either have a capitalistic economy (which is mixed but more capitalistic than socialistic) or mixed command economies (which has a private sector but this is dwarfed by the public sector).


Which country has the equal pay system for every worker?

None


What country in africa still uses standard measurement?

Every country uses the system of measurement that's 'standard' in that country. The 'Metric System' is standard for every country in the world, except three of them. Liberia, Myanmar, and the USA use pounds, inches, and gallons, innocently referred to as the 'customary' system.