Saint Mary’s University Economic Systems Questions 1. What types of economic systems do you know and what is their essence?
2. Expand the essence of models of economic systems.
3. What are the features of the Russian model of transition economy?
4. What is the difference between the Japanese model? What elements of this model can be used in Russia?
5. What are the three main questions of economics that economic theory constantly seeks to answer and what is their content?
6. How are the three main issues of the economy in a market and command economy?
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