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the economy is where goods and produce and be distributed, traded/sold, and consumed. The purpose is so everyone can get what they need-ex) farmer sells crops and goes buy paint for his barn...farmer grows crops and only crops, and the paint maker makes only paint, and basically they trade so they both get what they need.
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What is the purpose of an economic system?
The purpose of an economic system is to... I don't know?
What determines what type of economic system a country has?
Decisions about the kind of economic system a country has are normally made by that country's government.
What are the different countries that have economic system?
Every country has an economic system
What is the purpose of economic indicators?
To judge the overall condition of a particular country's economy.
What country has a communistic economic system?
China
What is the purpose of an economic system?
The purpose of an economic system is to... I don't know?
What is the purpose of economic system?
The purpose of an economic system is to... I don't know?
What was the purpose of founding all the colonies?
The main purpose of founding the American Colonies was for the economic benefit and prestige of the mother country, through a system of mercantilism.
What determines what type of economic system a country has?
Decisions about the kind of economic system a country has are normally made by that country's government.
What are the different countries that have economic system?
Every country has an economic system
What is the purpose of economic indicators?
To judge the overall condition of a particular country's economy.
The economic system where colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
An economic system in which colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
What country has a communistic economic system?
China
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.
Which of these would have a controlled economic system?
a socialist country
What economic system does a capitalist country?
free market
