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yan [13]
3 years ago
15

Conduct further research of the four types of economic systems. Describe the advantages and disadvantages of one of the systems

in a paragraph of about two hundred words.
Social Studies
1 answer:
GREYUIT [131]3 years ago
3 0

Answer:

The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of economies; traditional economy, market economy, command economy and mixed economy. Each type of economy has it’s own strengths and weaknesses.

Explanation:

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