Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
there is no such thing as political economic systems, there are only economic political systems
it will help us work with the other people of other countries
why dp cultures develop economic systems
prevailing economic systems
No, that is called economics.
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
there is no such thing as political economic systems, there are only economic political systems
it will help us work with the other people of other countries
Comparative economic systems is the subfield of economics dealing with the comparative study of different systems of economic organization, such as capitalism, socialism, feudalism and the mixed economy.A historian who compares the expansion of political system to the expansion of economic system is organizing history by theme.
why dp cultures develop economic systems
One way to define economic systems is to classify them according to whether they are market systems or command systems.
prevailing economic systems
Capitalists economic system
Economic systems are needed to help control the power in the people and the government. Thus for different countries with different powers relates to the different types of economic systems.
what three questions must all economic systems answer?
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.