The Emergence Machine

Economic Systems

abstract · economics · Level 17 · E10

E10Institutions

Each concept here is mapped to its prerequisites — the ideas you'd need first to understand it — all the way down to four foundations: Space, Time, Energy, Pattern. Click any prerequisite to drill down, or scroll for the chain graph.

Trace. Question. Emerge.

Emergence definition

Goods and services, produced through the coordination of resources and labor, are distributed and exchanged within a system that allocates resources and determines economic outcomes, thus giving rise to an economic system.

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Wiktionary senses

External reference — all senses of the word “economic systems” on Wiktionary. This atlas concept maps to only the slice of meaning relevant to the prerequisite graph.

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Source: Wiktionary — “economic systems”. Content available under CC BY-SA 4.0.

Historical origin

Origin language
English

Prerequisite chain

Possible path of this concept down to the fundamental substrate.

thisfoundationsL17L16L15L14L11L2L1L0Economic SystemsGoods And ServicesProductBusinessConsumptionEnterpriseProduction… intermediate l…ForceFormInformationLandActionChangeCollectionDistributionEnergyPatternSpaceTimeE1 concrete → E14 abstract

Neighborhood

Direct prerequisites above, concepts that depend on this one below.

thisprerequisitesEconomic SystemsL17ProductionL11Goods And ServicesL16E1 concrete → E14 abstract

In other languages

Prerequisites

What you need to understand first.

  • Production L11 (requires)
    A system of production, distribution, and exchange of goods and services that allocates resources and determines economic outcomes.
  • Goods And Services L16 (requires)
    A system of production, distribution, and exchange of goods and services that allocates resources and determines economic outcomes.