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The top documents tagged [command economyadvantages]
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Economic Systems An economic System is a set of rules that govern the answer to the three basic economic questions. (Rationing Systems)
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Types of Economies. Traditional Economy In a traditional economy, roles and decisions are decided upon by custom Each person plays a specific role Some
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Economic systems
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Economic Systems. What is an economic system? An organized way of providing for the wants and needs of the people. An organized way of providing for the
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