Economics

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Title: Economics

Essay Details:

Subject: Business

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Date: December 12, 2015

Level: University

Grade: A

Length: 5 / 1493

Essay text:

The economic system is composed of people and institutions, including their relationships to productive resources, such as through the convention of property. In a given economy, it is the systemic means by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources. Examples of contemporary economic systems include capitalist systems, socialist systems, and mixed economies. Economic systems is the economics category that includes the study of respective systems. Contents [hide] 1 Overview 2 Division of economic systems 2...

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