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Business
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| Number of pages / Number of words: |
6 / 1493 |
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Many objectives may be seen as desirable, like efficiency, growth, liberty, and equality.[2]
Part of a social system
An economic system can be considered a part of the social system and hierarchically equal to the law system, political system, cultural system, etc. There is often a strong correlation between certain ideologies, political systems and certain economic systems (for example, consider the meanings of the term "communism")...
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There is often a strong correlation between certain ideologies, political systems and certain economic systems (for example, consider the meanings of the term "communism"). Many economic systems overlap each other in various areas (for example, the term "mixed economy" can be argued to include elements from various systems)...
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