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However, we can say that the biggest elements that exist in a market economy, but do not exist in a capitalist system is the production of goods and services determined by the concepts of demand and supply. This is because in the market economy, the production of goods and services is determined by these two elements, whereas in the communist system, this production is determined by the government.
Answer:
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Explanation:
This is because, even though both ratios are growing, the efficiency of labor ratio grows a little bit more than the population, and that prevents the population to actually make a positive difference and therefore, the output per effective worker cannot start to grow.
The general systems theory states that businesses must be willing to change and evolve Form an interactive social system with society to survive.
In sociology, a social system is a systematic network of relationships between people, groups, and institutions that together form a coherent whole. A small, stable group can develop a formal hierarchy of roles and rank.
A person may be a member of several social systems at once, including nuclear families, communities, cities, nations, college campuses, corporations, and industries. Various common characteristics, such as place, socioeconomic status, race, religion, societal role, or other distinguishing characteristics, determine how groups are organized and defined within a social system.
Sociology and public policy both require a thorough understanding of social systems. Ever since sociology first emerged, social systems have been examined.
Learn more about social systems here
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