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Economic system
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Asked 4/25/2012 3:09:34 AM
Updated 7/18/2016 7:24:09 PM
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User: Economic system

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lisawelch|Points 5465|

Question
Asked 4/25/2012 3:09:34 AM
Updated 7/18/2016 7:24:09 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by yumdrea [7/18/2016 7:24:08 PM]
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An economic system is a system of production, resource allocation, exchange, and distribution of goods and services in a society or a given geographic area.

Added 7/18/2016 7:24:09 PM
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Production definition
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Updated 3/7/2017 12:41:06 AM
1 Answer/Comment

Production is a process of transforming (converting) inputs (raw-materials) into outputs (finished goods).

Added 3/7/2017 12:41:06 AM
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What is economic integration?
Weegy: 1. an act or instance of combining into an integral whole (More)
Question
Updated 2/4/2014 9:18:13 AM
1 Answer/Comment
Economic integration is the unification of economic policies between different states through the partial or full abolition of tariff and non-tariff restrictions on trade taking place among them prior to their integration.
Added 2/4/2014 9:18:12 AM
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