The ________ system of a country consists of the structure and processes it uses to allocate its resources and to conduct its commercial activities.

Question

Quizplus · Accepted Answer

The economic system of a country refers to the way in which goods and services are produced, distributed, and consumed. It encompasses the market structure, government regulations, and various economic policies that affect the allocation of resources and trade activities within the country.

The ________ System of a Country Consists of the Structure