+An **economic system** is the framework a society uses to organize the production and distribution of goods and services. It dictates how [Resources](/wiki/resource) are allocated and economic decisions are made, often balancing [Market](/wiki/market) dynamics with central planning.
+## See also
+- [Market Economy](/wiki/market_economy)
+- [Command Economy](/wiki/command_economy)
+- [Capitalism](/wiki/capitalism)
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