The purpose of economic systems is

Economic system helps in the distribution of resources and trade goods and services.  

Explanation:

Economic system is an organized way of malleable by which a country indulges in production, allocation of resources and distribution of goods and services over a given geographical area.

It handles the five factors of production also called as the four M’s of production namely money, machines, men, management and materials. Economic system depicts the conclusion for the major three questions when it comes to decision making in every units. The questions are based on,

answer; importance to people; or acceptance;

answertop managers;