Meaning of ECONOMIC SYSTEM

Pronunciation:			`eeku'nâmik 'sistum
WordNet Dictionary
	Definition:		[n]  the system of production and distribution and consumption
	Websites:
	Synonyms:		economy
	See Also:		black economy, free enterprise, industrialism, laissez-faire economy, market economy, non-market economy, sector, state capitalism, state socialism, system
Glossary
	Definition:		the ideas and institutions that people draw upon and the behaviors in which they engage in order to secure resources to satisfy their needs and desires.