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# Economic System Explanation

## Definition

The systematic analysis and description of economic principles, mechanisms, and arrangements that enables understanding of how different systems function and produce their effects. This explanation serves as the foundation for economic education and policy development.

## Source Chapter

Book IV, Chapter 0

## Context

Smith indicates his intention to explain both the commercial and agricultural systems fully and distinctly, establishing the importance of clear exposition in economic understanding and the transmission of economic knowledge.

## Economic Domain

General Theory

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