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The system of production and distribution and consumption is one of many definitions for which term?


capitalism

communism

economy

free enterprise

2 Answers

5 votes
Economy is the correct answer. Capitalism, Communism and Free enterprise are all forms of economies.
User Udo
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3 votes

Answer:

  • economy

Taking into account that communisco, capitalism and free enterprise are economic systems, we can affirm that the statement refers to the term "Economy", since economics is a social science that studies the concepts that are listed in the statement. Economics is a social science that studies the processes of extraction, production, exchange, distribution and consumption of goods and services.

User Hector Cuevas
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