economic system

NOUN
  1. the system of production and distribution and consumption
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How To Use economic system In A Sentence

  • The capitalist economic system seemed to be on the verge of total collapse. Property and Prophets: The Evolution of Economic Institutions and Ideologies
  • The classical economist Von Hayek, who authored On the road to serfdom, warned about such interference by government in the economic order which can culminate the unbridle manipulation and pollution of the economic system. Emerging economies must reject handouts and bailouts capitalism
  • In no other country has the price impact arising from introduction of a broad-based consumption tax washed out of the economic system within twelve months.
  • Many have proposed the idea to decrease taxes on the rich and allow a system called the trickle-down effect to happen, where money and taxes will be dispersed across an entire economic system. Sam Turer: Increasing the Debt Ceiling Won't Fix the Economy
  • The best system to utilize resources is to establish a perfect market economic system, a standard market order, a scientific macro-controlled system and property right system.
  • Its main ambition was to liberate individuals from the arbitrary authority of place, family, and folkway, and to permit them a life of material success amid an economic system that generated an endless bazaar of values ... Conservatism after the consumer society
  • I believe that, with war abolished from the world, there will be improvement in the social, political, and economic systems in all nations, to the benefit of the whole of humanity. Linus Pauling - Nobel Lecture
  • The technological paradigm stresses the role of technology and, more widely, of innovation within the current changes taking place in the economic system.
  • While the economic and political distortions are deplorable, is pales in importance to another distortion that has a long-term corrosive effect on the very fiber of our economic system. Forbes.com: News
  • Not only because they make up the absolute majority in most modern countries, but also because of the indispensable role of workers in the economic system, and the collective power that accrues to the working class.
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