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Homework answers / question archive / Another theme in this class has been to specify our current economic system, e
Another theme in this class has been to specify our current economic system, e.g., where the market serves as our primary way to solve the economic problem. For this question: Specify in some detail at least two of the primary social/economic institutions necessary for markets to solve the economic problem and describe how they differ from prior historical institutions that solved the economic problem in tradition or command.