Business Studies, asked by abdullahshah6555279, 7 months ago

Explain the economic system? ​

Answers

Answered by priya8231
1

Answer:

An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area. ... As such, an economic system is a type of social system.

Answered by jhalaksingh894
0

Answer:

An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area. ... As such, an economic system is a type of social system. The mode of production is a related concept.

Explanation:

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