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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MarketingItNow (MarketingItNow!) Tue, 08 Dec 2009 04:34:17 -0000
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Another business closed in my neighborhood. Online shopping seems to be the safe and profitable way to do business in this economy.
LesleyRobertson (Lesley Robertson) Tue, 08 Dec 2009 04:11:58 -0000
Another business closed in my neighborhood. Online shopping seems to be the safe and profitable way to do business in this economy.
Asia Times Online :: South Asia news, business and economy from India and Pakistan: http://bit.ly/88AJgo via @addthis
ricelaker (Ken Schaefer) Tue, 08 Dec 2009 04:11:40 -0000
Asia Times Online :: South Asia news, business and economy from India and Pakistan: http://bit.ly/88AJgo via @addthis
Banks, U.S. Spar Over TARP (source: Wall Street Journal): Citigroup and Wells Fargo are wrestl... http://twurl.nl/xzh1uh #economy #business
EconomyUS (US Economy) Tue, 08 Dec 2009 02:46:15 -0000
Banks, U.S. Spar Over TARP (source: Wall Street Journal): Citigroup and Wells Fargo are wrestl... http://twurl.nl/xzh1uh #economy #business
Banks, U.S. Spar Over TARP (source: Wall Street Journal): Citigroup and Wells Fargo are wrestl... http://twurl.nl/y1ium2 #economy #business
EconomyUS (US Economy) Tue, 08 Dec 2009 02:46:13 -0000
Banks, U.S. Spar Over TARP (source: Wall Street Journal): Citigroup and Wells Fargo are wrestl... http://twurl.nl/y1ium2 #economy #business
I hope economy picks up soon...bring better business and more jobs.
arsh247 (arsh) Tue, 08 Dec 2009 02:01:51 -0000
I hope economy picks up soon...bring better business and more jobs.

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