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MrMuchimi
2 years ago
5

Define the term economic system in one or more sentences.

Social Studies
1 answer:
andrey2020 [161]2 years ago
5 0

Answer:

An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country. Economic systems regulate the factors of production, including land, capital, labor.

Explanation:

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