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topjm [15]
3 years ago
8

Define the term economic system?

History
2 answers:
yKpoI14uk [10]3 years ago
6 0

An economic system is a system of production, distribution, and allocation of goods and services within a society.

I really really hope that this helped you out :)

emmasim [6.3K]3 years ago
4 0

An economic system (also economic order) is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.


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