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Overview of Economic Systems by api-253053366 is a document available to read on EtoBox.

Societies decide what to produce, how to produce it, and for whom to produce it based on their economic system. There are four main types of economic systems: traditional, command, market, and mixed. In a traditional economy, decisions are based on customs and traditions. In a command economy, a central authority makes all decisions. Market economies rely on supply and demand with minimal government intervention. Mixed economies combine elements of market and command systems, using both private and public c

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api-253053366

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EN