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Tresset [83]
2 years ago
10

Economic systems are incredibly complex. What is TRUE statement about economic systems?

Social Studies
1 answer:
katrin [286]2 years ago
6 0

Economic systems are said to be complex. The true statements about the economy is that is essentially a financial and social system.

<h3>What is an economic system?</h3>

An economic system is known to be a method that is employed by society to create and distribute goods and services, based on their goals and values.

There are different kinds of economy system. They are;

  • The traditional economy
  • The market economy
  • The command economy
  • The mixed economy

Learn more about Economic systems from

brainly.com/question/11296927

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