The Muskrat (Ondatra zibethicus), is a semi-aquatic, medium-sized rodent. It is found in North America and has also been recently introduced in Asia, South America, and Europe. The main habitat of muskrat is wetlands but this animal can successfully adapt to different habitats and climates.t is this attribute of the muskrat that has given it its name. The size of an average muskrat is around 16 - 24 inches (40 - 60 cm). The size of its tail is almost double its body size and it weighs about 1.5 - 4 lb (0.7 - 1.8 kg).
An economic system is a system of production and exchange of goods and services as well as allocation of resources in a society.hus every economy is a system that allocates resources for exchange, production, distribution and consumption. The system is stabilized through a combination of threat and trust, which are the outcome of institutional arrangements. An economic system possesses the following institutions:
An economic system that features private ownership of the means of production (such as factories, offices, and shipping enterprises) and in which market forces determine the way in which goods are produced and the means by which income and profit are distributed is called capitalism.n economic system that features private ownership of the means of production (such as factories, offices, and shipping enterprises) and in which market forces determine the way in which goods are produced and the means by which income and profit are distributed is called capitalism.