B2 noun /ˌiː.kəˈnɒm.ɪk ˈsɪs.təm/
economic system
sistema económico
Meaning
The organized framework for production, distribution, and consumption of goods and services in society.
Example
Capitalism, socialism, and mixed economies are types of economic systems.
El capitalismo, el socialismo y las economías mixtas son tipos de sistemas económicos.