Understanding a society's economic system will also provide insights into...

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their reference for specific goods.
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their quality of life.
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their political freedoms.
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their interactions with neighboring countries.
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1 answer

Understanding a society's economic system will also provide insights into their quality of life. The economic system directly impacts the availability of resources, employment opportunities, and overall wealth distribution, all of which contribute to the standard of living and well-being of individuals within that society.