What is Economic System
An economic system, also known as an economic order, is a strategy that governs the production of products and services, the distribution of resources, and the allocation of resources within a society. The economic structure of a particular community is comprised of a variety of organizations, agencies, entities, decision-making processes, and patterns of consumption. It encompasses the combination of all of these elements.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Economic system
Chapter 2: Planned economy
Chapter 3: Economic calculation problem
Chapter 4: Market economy
Chapter 5: Mixed economy
Chapter 6: Private property
Chapter 7: State ownership
Chapter 8: Price system
Chapter 9: Criticism of socialism
Chapter 10: Lange model
Chapter 11: Economic planning
Chapter 12: Economic ideology
Chapter 13: Calculation in kind
Chapter 14: Production for use
Chapter 15: Capitalist mode of production (Marxist theory)
Chapter 16: Socialist mode of production
Chapter 17: Social ownership
Chapter 18: Market socialism
Chapter 19: Socialist economics
Chapter 20: Socialist calculation debate
Chapter 21: Schools of economic thought
(II) Answering the public top questions about economic system.
(III) Real world examples for the usage of economic system in many fields.
Who will benefit
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of economic system.