Decentralised system
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Decentralized systems in systems theory are naturally-occurring, usually self-regulating systems found which function without an organized center or authority. A system that is decentralised lacks a nuclear body or center of control, and is commonly composed of many components which work in unison, and together form a stable structure.
Such systems can be found in society as well as in nature.
- For example, a market economy is a system formed by human trade and business.