Noun
the system of production and distribution and consumption
Source: WordNetWith impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system. Herbert Hoover
I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value. Paul Dirac
What I have done is to show the importance for the working of the economic system of what may be termed the institutional structure of production. Ronald Coase
The world is a complex, interconnected, finite, ecological - social - psychological - economic system. We treat it as if it were not, as if it were divisible, separable, simple, and infinite. Our persistent, intractable global problems arise directly from this mismatch. Donella Meadows
The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market. Jacques Delors
There can be no peace in the world so long as a large proportion of the population lack the necessities of life and believe that a change of the political and economic system will make them available. World peace must be based on world plenty. John Boyd Orr