Economic system
What does the economic state produce?
Needs, goods and
services Economic activities
Factors of Production: Land, Labor, Capital, Organization
Economic agents: Companies, Families, State
The economic sectors: Agriculture, Industry, Services
How does it produce?
What goods and services should we produce and in what quantity.
How we produce those goods and services.
- Who is the production intended?
How to perform the three steps above so that the
system is stable and sustainable.
How, taking into account these four points,
We generate economic growth.
What is it for?
An economic system is a form of organization
of the economy that a society carries out in order to
Manage and administer the resources available to you.
In simpler words, an economic system is the
A
set of rules that govern the economy of a geographic area
back to menu