2006-06-26 08:24:32 · 4 answers · asked by ana 1 in Social Science ➔ Economics
Economic systems are not chosen; they evolve. People who like the existing system try to keep it the way it is; people who don't like it try to change it. Most of the time, the conflict is handled peacefully, but sometimes it brings about repression and violence...
2006-06-26 08:29:55 · answer #1 · answered by NC 7 · 0⤊ 0⤋
you can not choose an economic system.
But you could classify them by:
(-) Allocation Mechanisms: all economies must answer the questions of "what", "how" and "for whom"
(-) Forms of Ownership: the key to understand an economy is to know who owns the means of production
(-) The Role of Planning: planning deals with coordination in an economy
(-) Types of Incentives: the most common incentive sheme is material, paying people according to their productivity.
2006-06-27 21:10:17 · answer #2 · answered by Aldo 4 · 0⤊ 0⤋
as i said in your previous question, there is only one factor.
which side are you on?
change your minds
2006-07-02 15:36:29 · answer #3 · answered by unknown u 3 · 0⤊ 0⤋
It seems as though you are trying to cheat.
2006-06-26 15:30:01 · answer #4 · answered by clarity? 3 · 0⤊ 0⤋