Q1ue9Shkariealenad Q1ue9Shkariealenad

13-03-2017
Social Studies

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Define economic system

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Megettingsmart Megettingsmart

18-03-2017

Economic systems are the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including: labor, capital, entrepreneurs, physical resources and information resources.

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