Economic system/Definition: Difference between revisions
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(i) Any | (i) Any [[complex interactive system]] that is engaged in the production and distribution of goods and services. (ii) As used to denote a particular way of organising an economy, such as a [[Market system (economics)|market system]], a [[command system (economics)| command system]], or a [[mixed system (economics)|mixed system]]. | ||
Revision as of 04:24, 14 March 2010
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Economic system [r]: (i) Any complex interactive system that is engaged in the production and distribution of goods and services. (ii) As used to denote a particular way of organising an economy, such as a market system, a command system, or a mixed system.