Four types of econmic systems

Июль 31, 2022

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Экономика
Four types of econmic systems

Содержание

2. TRADITIONAL ECONOMIC SYSTEM Agriculture, farming, hunting Barter system
4. JARAWA TRIBE OF THE ANDAMAN ISLANDS
5. COMMAND ECONOMY Laws of demand and supply Competition The needs of the societies
7. North Korea Cuba
8. MARKET ECONOMY IS A SYSTEM WHERE THE LAWS OF SUPPLY AND DEMAND DIRECT THE PRODUCTION OF
9. THE INVISIBLE HAND OF MARKET
10. EXAMPLES OF MARKET ECONOMY
11. MIXED ECONOMY IS A SYSTEM THAT COMBINES CHARACTERISTICS OF MARKET AND COMMAND ECONOMIES.
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TRADITIONAL ECONOMIC SYSTEM
Agriculture, farming, hunting
Barter system

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JARAWA TRIBE OF THE ANDAMAN ISLANDS

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COMMAND ECONOMY
Laws of demand and supply
Competition
The needs of the societies

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North Korea
Cuba

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MARKET ECONOMY IS A SYSTEM WHERE THE LAWS OF SUPPLY AND DEMAND DIRECT THE PRODUCTION

OF GOODS AND SERVICES.

A free flaw of ideas —> innovation

Laws of demand and supply

Competition

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THE INVISIBLE HAND OF MARKET

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EXAMPLES OF MARKET ECONOMY

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MIXED ECONOMY IS A SYSTEM THAT COMBINES CHARACTERISTICS OF MARKET AND

COMMAND ECONOMIES.