| If we look at the different political and social structures which exist in the world today, the years,
| a
| where individual producers each make their own production decisions based on their own profit motive.
|
| There are several basic and unfinished questions
| b
| capitalist, socialist, or mixed economies.
|
| Efficiency is best achieved through a market economy
| c
| then that nation's economic system is called communism.
|
| Supporters of planned economies cast them as
| d
| we are tempted to say that people have made use of, and are making use of, very great varieties of economic systems.
|
| For some states, there is no consensus on whether they are
| e
| few incentives for entrepreneurs, thus limiting choices for consumers.
|
| If the government owns and operates almost all of the nation's means of production,
| f
| that in a free-market system, every person has a property right over his own person and his own labour.
|
| A traditional economy provides
| g
| is 100 percent communism, socialism or capitalism.
|
| The critics fail to realize
| h
| have been termed mixed economies.
|
| No country has an economic system that
| i
| a practical measure to ensure the production of necessary goods.
|
| Economics in states ranging from the USA to Cuba
| j
| that must be answered in order to resolve the problems of economics.
|