An Economic system
traditional economic system command economic system market 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.
An Economic system
traditional economic system command economic system market 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.
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.
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 .
no ideal economic system
What the Economic system v. political system
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.
as a nation buffeted with a barrage of socio-economic problem, briefly discuss one of those problem and the veiw to solv the problem