B2 noun /ˌiː.kəˈnɒm.ɪk ˈsɪs.təm/
economic system
экономическая система
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.
Капитализм, социализм и смешанные экономики - это типы экономических систем.