Economy, asked by Vickymindy, 1 year ago

What is economic system?

Answers

Answered by Anonymous

An economic system is a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area.

Answered by Anonymous

Economic system is an area where the person earn their living

Previous Question

Next Question

Similar questions

Math, 8 months ago

what is the answer to this problem: 16 / 4 (2 + 2) = ?

Science, 8 months ago

8. Identify the endothermic and exothermic reaction. a. HCl + NaOH - NaCl + H2O + heat b. 2KCIO,(s) 4, 2KCI() + 30, c. CaO+H2O – - Ca(OH)2 + heat d. CaCO, (s) Á, CaO(s) + CO,1...

Biology, 8 months ago

Assertion:Lysosomes are often called as 'suicidal bags' of a cell.` Reason: Lysosomes contain hydrolytic enzymes capable of digestive cellular waste.` a) If both Assertion and Reason are the true and Reason is the correct explanation of Assertion. b) If both Assertion and Reason are true but the Reason is not the correct explanation of Assertion. c) If Assertion is true but Reason is false.

CBSE BOARD XII, 1 year ago

Why are cement and concrete mixed while building houses...

Science, 1 year ago

Name some substance which are regarded as waste...

English, 1 year ago

How many balls are there in a over in cricket explain how...

Science, 1 year ago

Why cant micro-organisms not survive in oil and vinegar?

Social Sciences, 1 year ago

Why it is important to seperate religion from the state?