economic system
33
3.9
- noun
- /ˌiːkəˈnɑːmɪk ˈsɪstəm/
:
sistema económico
- The economic system in this country relies heavily on both local production and international trade.
- a global economic system
- an international economic system
- a capitalist economic system
I'm I'm headed there slowly, but what is the healthiest economic system?
- I'm I'm headed there slowly, but what is the healthiest economic system?
- So when we start a society on Mars from scratch, what political and economic system should it operate under?
- Most of the Democrats believe that a large deficit isn't a fundamental flaw in the economic system.
- What economic systems were we running on?
- This is not a good economic system.
- You can look at almost anything, but not that economic system.
- I think that was refinance was considered the crown jewel of our economic system and that clearly failed.
- The place the rule of law and free market economic system among its highest values.
- I mean, that's so important, people understanding the economic system.
- The kind of economic system that is is shareable and and and sustainable.
- It's a dramatic economic system, but it pays its prices in other ways.
- And so when she looks at the current economic system and she studies history, I want to know how is history going to repeat?
- Sure, but Jesus does not come to promote some economic system or some political system.
Examples
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To be competitive, firms must adapt to an economic system that highly rewards the creation and application of ideas.
Academic text (1999) -
Its use constitutes a tremendous advancement from the economic system of barter that predated it.
Academic text (2017) -
What economic systems were we running on?
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And so the economic system supported them.
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At present, Africa plays only a small role in the world economic system.
Academic text (1990) -
The economic system is similarly based upon the use of all available resources in meeting the needs of the entire culture.
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So because of that, we have this economic system where you have to become an investor, you cannot save your money.
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The main function of any economic system is to produce and distribute exchangeable goods and services.
Academic text (1990) -
We must add creativity and innovation to the economic system to enhance competitiveness system-wide.
Academic text (2012) -
We are just beginning to glimpse the bare outlines of an emerging new economic system, the collaborative Commons.
Synonyms
∞
2.6
The system a country uses to make, sell, and buy goods and services
Antonyms
How Centralized
1
6.4
- Specialized
1
7.0
33
3.9
- Specialized
2
4.1
- Specialized
93
3.0
Surface Forms
Morphology
The phrase is a straightforward composition of 'economic' (relating to the economy) + 'system' (a set or arrangement), so its meaning as the organization of economic activities is directly inferable. This adjective+noun pattern is productive and cross-linguistically common, so a B1 learner who knows both words will readily understand the MWE.
Etymology
The phrase economic system combines economic, meaning about 'money', 'trade' and work, and system, meaning a group of parts that work together, to paint a picture of farms, factories, shops and markets all linked to move goods. So, it means the organized way a country produces, shares and uses goods and services.