What are the 4 types of economic systems?
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Traditional economic system.
Command economic system.
Market economic system.
Mixed system
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ᴄᴏɴᴏᴍɪᴄ ꜱʏꜱᴛᴇᴍꜱ ᴄᴀɴ ʙᴇ ᴄᴀᴛᴇɢᴏʀɪᴢᴇᴅ ɪɴᴛᴏ ꜰᴏᴜʀ ᴍᴀɪɴ ᴛʏᴘᴇꜱ: ᴛʀᴀᴅɪᴛɪᴏɴᴀʟ ᴇᴄᴏɴᴏᴍɪᴇꜱ, ᴄᴏᴍᴍᴀɴᴅ ᴇᴄᴏɴᴏᴍɪᴇꜱ, ᴍɪxᴇᴅ ᴇᴄᴏɴᴏᴍɪᴇꜱ, ᴀɴᴅ ᴍᴀʀᴋᴇᴛ ᴇᴄᴏɴᴏᴍɪᴇꜱ.
- ᴛʀᴀᴅɪᴛɪᴏɴᴀʟ ᴇᴄᴏɴᴏᴍɪᴄ ꜱʏꜱᴛᴇᴍ.
- ᴄᴏᴍᴍᴀɴᴅ ᴇᴄᴏɴᴏᴍɪᴄ ꜱʏꜱᴛᴇᴍ.
- ᴍᴀʀᴋᴇᴛ ᴇᴄᴏɴᴏᴍɪᴄ ꜱʏꜱᴛᴇᴍ.
- ᴍɪxᴇᴅ ꜱʏꜱᴛᴇᴍ.
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