What are economic systems, Business Economics

Assignment Help:

What are economic systems?

An economic system is the system of organisations utilized by a society to solve the economic difficulty of what how and for whom to make. There are four types of economic system.

a. Traditional economy

b. Free market economy

c. Planned or command economy and

d. Mixed economy


Related Discussions:- What are economic systems

Explain about theories and models linked to development, Explain about theo...

Explain about theories and models linked to development. • There is no one agreed theory of development. All models, as Rostow, provide an insight in one or two dimensions of t

Location, advantages of government grants

advantages of government grants

Calculate the price - earnings ratio, Yanni works for Woolworths Limited (W...

Yanni works for Woolworths Limited (WOW) and owns 5,000 Woolworths shares that he received in lieu of a bonus five years ago. Woolworths has reported an NPAT of $1.294 billion and

Salary Negotiation, The following represents the potential outcomes of your...

The following represents the potential outcomes of your first salary negotiation after graduation: Assuming this is a sequential move game with the employer moving first, indicate

What do you meant by the term outsourcing, Problem: (a) What do you me...

Problem: (a) What do you meant by the term "Outsourcing"? (b) Outsourcing services will be categorized into two groups namely Technology Services and Business Processes.

How less developed countries cannot economies grow, How less developed coun...

How less developed countries cannot economies grow by developing services as tourism? Less developed countries cannot economies grow by developing services as tourism if: Ga

Flexible exchange rate system, Flexible exchange rate system: A countr...

Flexible exchange rate system: A country is linked to other countries through two broad channels:  trade flows andfinancial flows. Trade flows pertain to movement of goods and

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd