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Denis Block

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Why are economic systems needed?

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.


Why do the economic systems of other countries have in common with the economic system of the US?

Most countries have similar economic systems, which are a mixture of a free market and government regulation.


How do countries know if their economic systems are working?

If a countries economy, growth, and employment are strong they have a good indication that their economic systems are working.


What are the four types of economic systems?

The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.


What countries has planned economic systems?

dorky donkey


What do the economic systems of others countries have in common with the economic system of the United states?

Most countries have similar economic systems, which are a mixture of a free market and government regulation.


What are the Economic systems countries?

http://wiki.answers.com/Q/What_are_the_Economic_systems_countries"


Why do countries have different currencies and what factors contribute to the creation and maintenance of these unique monetary systems?

Countries have different currencies to facilitate trade and economic activities within their borders. Factors contributing to the creation and maintenance of unique monetary systems include historical developments, economic stability, government policies, and international relations. These factors influence the value and stability of a country's currency.


What are the different countries that have economic system?

Every country has an economic system


What do the economics systems in other countries have in common with the economic system of the us?

They face the same basic economic problems


What pairs of countries have come closest to having purely command economic systems?

China and North Korea come the closest to having purely command economic systems.


Pairs of countries have come the closest to having purely command economic systems?

China and North Korea come the closest to having purely command economic systems.

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