As the picture given depicts ‚ the socialist market-oriented economy in our country is developing rapidly‚ just like a truck running at a high speed. But the general public is surprised to find that there are more and more fake and inferior products seriously hampering the expansion of our market economy. Consumers have to be very careful in purchasing goods and services they need; otherwise they will fall into the traps set by the illegal manufacturers. There is no doubt that fake and inferior
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Below is a free essay on "economic systems" from Anti Essays‚ your source for free research papers‚ essays‚ and term paper examples. An economic system is very important in every country of the world‚ without it the country would be a disaster and maybe anarchy might take control of the country. The nations must take tough decisions to make the country’s economy work efficiently‚ to achieve this purpose they must answer the three questions‚ what to produce‚ how to produce‚ and for whom to produce
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Question 1. What are the factors that have slowed the migration of workers who once flooded the booming coastal provinces of China in search of unskilled factory work? Answer 1. The factors that have slowed the migration of labor are: 1. Government Policy that encourage yawning income gap between the urban rich and the rural poor in China. 2. Elimination of the agricultural tax. 3. The arising development on remote areas : sprouting malls‚ housing projects‚ restaurants and infrastructure
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Prepared for : Mr. Jubred Ada Peñano Business Environment Assignment title: Organizations in their environment International Training Program‚ Banking Academy Prepared by: Nguyen Quang Anh – Tom – Class F04B Registration No: ITP F04-009 Submission Date: 2nd December 2011 Table of contents Title Page………………………………………………………………………………………….1 Table of contents…………………………………………………………………………………..2 Introduction……………………………………………………………………………………….3 1a Identify the mission‚ values and
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TYPES OF ECONOMIC SYSTEMS The world’s economic systems fall into one of four main categories: traditional economy‚ market economy‚ command economy and mixed economy; however‚ there are unlimited variations of each type. An economic system must define what to produce‚ how to produce it and for whom to produced it. Depending on the products produced and the environment‚ certain economic strategies will be more successful than others. Traditional A traditional economic system is one in which each new
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The effects of Socialism on a region The United States of America is the world’s oldest surviving federation. With a constitutional republic and a representative democracy‚ the majority rule regulates and maintains a fair form of democracy for us Americans. Socialism‚ although‚ is an economic system where the means of production‚ such as money and other forms of capital‚ are owned by the state or public. Under a socialist system‚ everyone works for wealth that is‚ in turn‚ distributed
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The survival of any society depends on its ability to provide food‚ clothing and shelter for its people. All societies have something else in common. They have an economic system or an organized way of providing for the wants and needs of their people. The way in which these decisions are made will determine the type of economic system. There are three major kinds of economic systems: traditional‚ command and market. In a society with a traditional economy nearly all economic activity is the result
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Command Economy: Mountainous Politicians‚ countries and ideologies from all over the world have been torn for years between what they should follow and believe. Countries argue over which policies should be adopted been the economist’s fundamental question. What would life be like if the country you lived in targeted equality- to live in a country where all people are equal‚ all are treated the same‚ and all are one? People desire to live in a place where social class is not an issue and money
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Jawahar lal Nehru‚ our first prime minister and son of Motilal Nehru was brought up in rather a democratic surrounding. Nehru joined the Indian national congress in 1912 (Gandhi being the then leader of the party) and joined the league of fighter for India’s independence. He became the first democratically elected prime-minister (in 1952) of hardly few years old born new nation freed from British reign. Thus began his another struggle for developing India as a nation‚ because just freedom wasn’t
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1. During 1947 to 1990‚ mixed economy was India’s kind of economy‚ and later after India recognized the incapability of the system to deliver the economic progress that many Southeastern Asian nations had started to enjoy‚ India started to adapt a market economy system to become more attractive to the foreign possible investors and businesses. So‚ up to today‚ India has been using a market economy system‚ but‚ still with some government oversight which made the current economic system as a hybrid
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