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An economic system is a mechanism (social institution) which deals with the production, distribution and consumption of goods and services in a particular society.

The economic system is composed of people, institutions and their relationships. It addresses the problems of economics, like the allocation and scarcity of resources.

The division of economic systems


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Business News And Economy And Global News: Corporate Credit Concepts: Every business needs some amounts of funding ... http://bit.ly/5n0NWo
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