What is economic structure?

Answer 1

It is the main source of income in a town or city it is used to determine the growth rate of a cities economy. -Unitersity of Toronto The economic structure of an economy is a function of the sum of all the different economic activities in the geo-political boundaries of that area. -Aren Van Schalkwyk

Answer 2

Economic Structures - Some researchers argue that many companies and strategic business units operate today in an economic structure that is neither a market nor a hierarchy. In this network economic structure, companies coordinate their strategies, resources, and skill sets by forming long term, stable relationships with other companies and individuals based on shared purposes.

These relationships are often called strategic alliancesor strategic partnerships, and when they occur between or among companies operating on the internet, these relationships are also called virtual companies.

Answer 3

Economic structure means that it has to do with money