Systems
Definition
Systems refer to a collection of objects or components that are interconnected and interact with each other. They can be physical systems, such as a car engine, or abstract systems, like an economic model.
Analogy
Think of a system as a group project in school. Each member has their own role and contributes to the overall success of the project. If one person doesn't do their part, it can affect the entire system.
Related terms
Input: The input is what goes into the system and affects its behavior or output.
Output: The output is the result or response produced by the system based on its inputs and internal processes.
Equilibrium: Equilibrium refers to a state where all forces within a system are balanced, resulting in no net change.
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