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

What is pps?, Packets per second (pps) are a measure of throughput for netw...

Packets per second (pps) are a measure of throughput for network devices like bridges, routers, and switches. It is a reliable measurement only if all packet sizes are the similar.

Status of the economy and gdp , • Although the country produced several typ...

• Although the country produced several types of commodities (goods and services) in the year 2002, but this country's Central Statistics Office has grouped such commodities into f

User affects of involvement and support for is project, Explain the user af...

Explain the user affects of involvement and support for IS project. User involvement and support: The commitment of employers and user management to the project can’t be

Theories of absolute and comparative advantage of trade, Question 1: (a...

Question 1: (a) Clearly distinguish between the theories of Absolute and Comparative advantage of trade. (b) According to you, can the ‘Factor Endowment Theory' be a reaso

Perfect competition market, what is the short run and long run effects of a...

what is the short run and long run effects of a new idea creating by a restaurateur i.e home cooking services in the perfect competitive market?

Total outlay method, total outlay method as a measure of elasticity with ap...

total outlay method as a measure of elasticity with application

How can less developed countries economies produced, How can less developed...

How can less developed countries economies produced by developing its primary sector as agriculture? Less developed countries economies cannot grow by developing its primary se

Define the aggregate price level in the macroeconomics, Define the aggregat...

Define the aggregate price level in the macroeconomics. Aggregate Price Level: A nominal measure is a measure which has not been adjusted for modifications into prices

Influence of warranty and political pressure in is project, Explain about t...

Explain about the influence of warranty and political pressure in IS project. Warranty: When a system is being developed under contract, this frequently carries a warranty

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