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Define the term economic system.

Define the term economic system.
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2 votes
Define the term economic system.

User Elgin Cahangirov
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2 Answers

4 votes
Answer:

justified in terms of profitability

Step-by-step explanation:

User Kitesurfer
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5 votes
Answer:
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
User Burkay
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