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Classified in Economy
Written at on 
English with a size of 5.41 KB.
economic system | what is produced | how is produced | who it is produced for |
tradicion-based system | depends on the resources in each or the importance of the marked | based on aciend customs incorporated in rules and laws | for the comunity |
mixed economy system | determined by the free marked and the stafe | by private compaties at the lovest possible cost and by the state based on its goals | determined by the market, but the state takes action to guarantee aqual opportunities |
capitalism | decides by the free marked system of supply and demand | production at the lownest possible cost | determined by the market |
central planning system | determined by the state | based on goods by the state | determined by need |