Answer:
An economic system is the decision-making structure of a nation's economy, characterized by the ... Outline the economic effect of the laws of supply and demand ... The quantity of a product that people are willing to buy depends on its price.
Step-by-step explanation:
Comparative Political and Economic Systems. ... A government can use propaganda to reinforce its image as defender of the nation. ... Most governments are designed to provide their inhabitants with two important services: protection from ...