Professional Documents
Culture Documents
:Economic system
Economic system is a system of production,
resource allocation and distribution of goods and
services within a society or a given geographic
area. It includes the combination of the various
institutions, agencies, entities, decision-making
processes and patterns of consumption that
comprise the economic structure of a given
.community
An economic system is a type of social system.
The mode of production is a related concept. All
economic systems must confront and solve the
:four fundamental economic problems
what kinds and quantities of goods shall be <
.produced
.How goods shall be produced<
.How the output will be distributed<
.when to produce<
:Social system
Social system is the patterned network of
relationships constitution a coherent whole that
exist between individuals, groups, and
institutions. It is the formal structure of role and
.status that can form in a small, stable group
:Technological system
A technological system is a set of interconnected
components that has been designed to fulfill a
particular function without further human design
.input
Technological systems transform, store,
transport, or control materials, energy, and /or
.information for a particular purpose
:Environmental system
The environmental system may be understood in
an ecological sense as the set of interactions
between the elements of the (biosphere), which
includes the atmosphere, the hydrosphere, the
.lithosphere and the ecosphere