Author: <span>Al Eisenbarth</span>

assignment draft.

intro type assignment… this structure could potentially be used many kinds of ways

There are many ways to define an economy (also called an “economic system“).

One way is:

Economy – the particular way a group of people make and use things

another way is:

Economy – a particular solution to a production problem and an allocation problem

where the production problem is: how do we decide what to make and how to make it?… Read more “assignment draft.”