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economic system

noun

/ˌiː.kəˈnɒm.ɪk ˈsɪs.təm/

Meaning

The organized framework for production, distribution, and consumption of goods and services in society.

Capitalism, socialism, and mixed economies are types of economic systems.

Financial Structure, Market System, Political Economy

Disorder, Anarchy, Unstructured Market

The fact of two things being seen or placed close together with contrasting effect.

A plan of action designed to achieve a long-term or overall aim; strategic planning.

a drooping, often tasseled cluster of small flowers found on willow and birch trees

a person whose job is to fit glass into windows and doors

a verbal or written remark expressing an opinion or reaction

An activity or purpose natural to or intended for a person or thing.