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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GreenvilleOnline.com - Business

Convicted felon indicted a 2nd time in alleged pyramid scheme
Thu, 28 Aug 2008 16:05:00 -0400
A convicted felon who federal prosecutors say bilked more than $30 million from investors across the country -- including the Upstate -- has been indicted for a second time in an alleged pyramid scheme in which he promised contributors as much as 96 percent returns on their "investments."
Water woes may end for some in southern Greenville County
Thu, 28 Aug 2008 10:49:00 -0400
Some residents in southern Greenville County may finally have a solution to their water woes and it's not just the recent rainfall.
Local gas prices up at the pump
Thu, 28 Aug 2008 11:58:00 -0400
Average gasoline prices in the Greenville-Spartanburg-Anderson metropolitan area increased by nearly a penny a gallon overnight, according to AAA.
SensorTech gets $200,000 in funds from state agency
Wed, 27 Aug 2008 23:36:00 -0400
SensorTech Inc. began with a graduate student's discovery in a laboratory at Clemson University.
GO Experience picks architects
Wed, 27 Aug 2008 23:36:00 -0400
A Chicago architectural firm and a Charleston-based project management company are partnering with the Greater Greenville Convention and Visitors Bureau to bring two flagship tourism projects to fruition.
CEO gives to Clemson
Wed, 27 Aug 2008 23:36:00 -0400
CLEMSON -- A $2.5 million gift from the C. Tycho Howle family to Clemson University will endow two chairs in computing research.

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