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Economic system
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Economic system
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«Economic system» The Department of Management and Economics of Production 13 group Goga Viktoria
It includes Combination of the Various institutions Agencies Consumers Entities that comprise the economic structure of a given society or community.
The economic system involves investments production the allocation of economic inputs distribution of economic outputs land availability households
It is the set of principles by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources. people rules relationships institutions
For example the employee-employer relationship
Economic systemm - the aggregate of all economic processes taking place in society based on the established therein property relations and the economic mechanism.
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