Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Elements of the economic system are characterized by relative stability. This does not mean that it does not know how to evolve, as the system,

Elements of the economic system are characterized by relative stability. This does not mean that it does not know how to evolve, as the system, on the contrary, is constantly evolving. In its historical development, it changes the level of productive art at another level and in another social, political and legal framework, and accordingly, every system only takes its name from the elements that control it.

In light of the previous statement, speak about the economic systems (capitalist and socialist) in terms of characteristics and solving the economic problem with specifying which of the economic systems is applied in the Kingdom of Bahrain

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Christopher T.S. Ragan

16th Canadian Edition

0134835832, 978-0134835839

More Books

Students also viewed these Economics questions

Question

2. To store it and

Answered: 1 week ago