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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The Philippine Economy and Business In 2010 - Philstar - http://tinyurl.com/yjyc6ml
NearshoreZagada (Nearshore Journal) Thu, 17 Dec 2009 14:27:23 -0000
The Philippine Economy and Business In 2010 - Philstar - http://tinyurl.com/yjyc6ml
And business blame the economy for their woes.
BkEyeworks (Dan Maldonado) Thu, 17 Dec 2009 14:16:29 -0000
And business blame the economy for their woes.
Just got a job? How to handle spending, saving and debt (source: The Globe and Mail): Writer Les... http://bit.ly/6KDsck #economy #business
EconomyUS (US Economy) Thu, 17 Dec 2009 12:38:12 -0000
Just got a job? How to handle spending, saving and debt (source: The Globe and Mail): Writer Les... http://bit.ly/6KDsck #economy #business
British watchdog fines TD unit (source: The Globe and Mail): Bank's London operations fined $12-... http://bit.ly/5qs9Of #economy #business
EconomyUS (US Economy) Thu, 17 Dec 2009 12:38:11 -0000
British watchdog fines TD unit (source: The Globe and Mail): Bank's London operations fined $12-... http://bit.ly/5qs9Of #economy #business
U.S. Treasury drops plans to sell Citi stake (source: The Globe and Mail): Citigroup stock hamme... http://bit.ly/6Kq4t4 #economy #business
EconomyUS (US Economy) Thu, 17 Dec 2009 12:38:11 -0000
U.S. Treasury drops plans to sell Citi stake (source: The Globe and Mail): Citigroup stock hamme... http://bit.ly/6Kq4t4 #economy #business
Automation in your business is a requirement to surviving the current economy and as well as Greening your business!
businessauto (Peter Struwing) Thu, 17 Dec 2009 12:24:39 -0000
Automation in your business is a requirement to surviving the current economy and as well as Greening your business!

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