An Economic system
traditional economic system command economic system market economic system
Businesses are the most significant institution in the economic structure.
Nefertiti was an ancient Egyptian queen, not an economic structure of society.
traditional economic system command economic system market economic system
An Economic system
traditional economic system command economic system market economic system
Nefertiti was an ancient Egyptian queen, not an economic structure of society.
Businesses are the most significant institution in the economic structure.
traditional economic system command economic system market economic system
Indonesia is classified as a newly industrialized country, and is a member of the G-20 major economies. Its economic structure is composed of the agriculture, manufacturing and services sectors.
The Indian economy is a mixed economy, with elements of both capitalism and socialism. It is primarily based on services, industry, and agriculture sectors. Key industries include information technology, pharmaceuticals, textiles, and automotive. The government plays a significant role in regulating key sectors and promoting inclusive growth through various social welfare programs.
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.
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
important features of Indian rural economic structure?
as a nation buffeted with a barrage of socio-economic problem, briefly discuss one of those problem and the veiw to solv the problem
The United States has a free market economic system. Monetary policy and lending to banks are governed by an independent Federal Reserve system. Congress does however have the authority to regulate the economy through the Interstate Commerce clause.