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In which economic system are the production and distribution of goods owned by private individuals or corporations?
Wiki User
∙ 10y ago
market
Wiki User
∙ 10y ago
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What are the Functions of economic system?
The four functions of economic systems; Production, Allocation, Distribution and Regeneration.
What are the 3 factors of economic systems?
Demand-Production-Distribution/Supply
Definition of economic institution?
An economic institution is the set of norms relating to production and distribution of goods and services
What is the meaning of the term economic spectrum?
Economic Spectrum is the economic wealth distribution amongst class, helping to distinguish the different economic standings of individuals classes
What is the definition of economic geography?
The Branch of Geograpghy concerned with the production and distribution of commodities >> there you go :)
What are 3 economic activities?
capital production distribution
What is having to do with the production distribution and consumption of wealth?
Economic
What are the Functions of economic system?
The four functions of economic systems; Production, Allocation, Distribution and Regeneration.
What are the functions economic system?
The four functions of economic systems; Production, Allocation, Distribution and Regeneration.
What is economic systems jntu kakinada topics?
An economic system is a mechanism which deals with the production,distribution
What are the 3 factors of economic systems?
Demand-Production-Distribution/Supply
What does economic do with resources when it comes to the production and distribution of goods and services?
Allocating
Are elements of the economic system of government?
production, manufacturing, and the distribution of goods
What is economic theory another name for?
An economic theory is a theory that has to do with the production, distribution and consumption of goods and services.
Definition of economic institution?
An economic institution is the set of norms relating to production and distribution of goods and services
How does cultural anthropology definition of economic system?
Cultural anthropology defines an economic system as the structures and processes that societies use to manage their resources and distribute goods and services. It examines how different cultures value, produce, and exchange these resources, considering factors like social organization, technology, and beliefs about wealth and value.
What is market in economic?
Market in Economic is based on supply and demand, and how it influence a business's investment, production and distribution decisions.
