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traditional economic system

command economic system

market economic system

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Q: What are the three different economic system?
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Related questions

What do three economic systems have in common?

Each system represents different answers to the four basic economic questions.


What are the different economic system?

traditional economic system command economic system market economic system


What do all three economic systems have in common?

Each system represents different answers to the four basic economic questions.


What are the different countries that have economic system?

Every country has an economic system


What are three main economics for economic system?

There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed 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.


How do we classify a nation's economic system?

According to how the three basic economic questions are answered.


How many economic questions does a country economic system provide the answers for?

Three aplus answer


What type of economy answers the three basic economic questions?

3 types of economic system


How many economic questions does a country's economic system provide the answers for?

Three aplus answer


Three types of economic systems?

There are many types of economic systems, but three of the most common are listed here.capitalist economic systemsocialist economic systemmixed economic system


Describe the different economic system through a chart?

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