Keywords
Economic system
Party system
Power distribution
Property rights system
Submitted : 2024-06-10
Accepted : 2024-06-25
Published : 2024-07-10
Abstract
This article analyzes Canada’s economic system from a systems thinking perspective. The content includes patterns of public choice (party system and power distribution), organizational framework of decision-making arrangements, information provision and coordination mechanisms, property rights system, incentive system, and welfare system. Canada’s economic system significantly influences the development of the Canadian economy, and its economic system arrangements hold reference significance for other developed and developing countries.
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