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An Economic System And Its Elements

Nazarova Charos Bahodir QiziTashkent University Of Information Technologies, Named After, Muhammad Al-Khwarizmi, UzbekistanNazarova Gulchexra NurmuxanbetovnaTashkent University Of Information Technologies, Named After, Muhammad Al-Khwarizmi, Uzbekistan
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Abstract

An economic system is a set of interrelated elements that make up a common economic structure. It is common to distinguish 4 types of economic structures: traditional economy, command economy, market economy and mixed economy. The following article discusses all the four types of an economic system.

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