closeHello! Please give us a second to show you what Factolex is about.

Economic system

Ads are not shown for registered users.
  1. a set of methods and standards brought by which a society decides and organizes the ownership and allocation of economic resources

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 26, 2008
  2. a system that involves the production, distribution and consumption of goods and services between the entities in a particular society

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 26, 2008
  3. composed of people and institutions, including their relationships to productive resources, such as through the convention of property

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 26, 2008
  4. In a given economy, it is the systemic means by which problems of economics are addressed, such as the economic problem of scarcity through allocation of finite productive resources

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 26, 2008
  5. Examples of contemporary economic systems include capitalist systems, socialist systems, and mixed economies

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 26, 2008
Displaying the top 5 of 11 facts in total. Show all 11 factsShow 3 more or all 11 facts
Do you know more? Submit a new fact

Add a new fact

A fact should only contain one sentence, describing an aspect of the term.

Fact
Example: located on the west coast of the U.S
Source
Tags
optional

Example: geography location -- separate tags with spaces

Add one more fact or give me some inspiration from:

More lexica »Featured Lexica

Look at what our users have created already.

Feedback

Please tell us what you think about our project

Contribute

On Factolex you can add facts and terms that you believe are missing.

To be sure that the term hasn't already been entered, please use the search function before doing so.

Home  |  About  |  FAQ  |  Feedback  |  Tools  |  Stats  |  Contact Us  |  API  |  Blog
Change language to: