0
Free-Market Economy (or Liberal Market Economy): An economic system comprised mainly of privately-owned enterprise (businesses), low levels of regulation and relies heavily on the free-price system to allocate resources. This is distinguished between a planned economy based on private enterprise.
Social Market Economy: A free-market system that utilizes heavy taxation and regulation and recognizes organized labor at the national level, but relies on the free-price system rather than economic planning to allocate goods and services.
Market Socialism and Socialist Market Economies: An economic system comprised of state-run or worker-run enterprises and either a free-price system or a directed and regulated market to allocate resources. This is distinguished with a socialist planned economy.
Mutualism and Cooperative Markets: A form of participatory economics where enterprises are run as worker and consumer cooperatives (socially-owned) which compete with each other in a market economy. This is distinguished from participatory and cooperative planning.
Any form of Mixed-Economy that relies more on the market rather than economic planning for the allocation of resources.
What else can I help you with?
What is an economis themed movie?
Wallstreet with Michael Douglas
Why do we need to understand economis?
it is called ECONOMICS and we need to understand for times of reccesion
Hitler's economis affect?
He brought Germany out of the depression and gave the people more money.
Which advanced macroeconomics textbooks are best?
Advanced macro economis. Romer 4th edition
This is the Russian term used for the economis reforms set in place by Mikhail Gorabachev in 1985?
perestroika
What was the overall impact on the New Economis Policy in Russia?
It helped Russia's weak economy to recover.
What is micro economis?
micro-economies is the study of scarsity and thee need to make trade off.
Why industrialized nations became imperialist nations?
economis interests, military needs(mainly naval), and ultranationalist ideology
What are the lackings of Pakistan's economis system of Pakistan?
There is lots of thefts and bad peopleand the people there are corrupt and also there is lots bribery there
What is the Political economis calssification of Mexico?
Emerging market or Newly Industrialized Country (NIC). It means it is a developing, capitalist country.
Was Jamestown established for religious or economic reasons?
Jamestown was primarily established for economic reasons, not religious reasons.
What caused spanish naval superiority to decline in the 1600s and 1700s?
Economis decline is what caused the naval superiority to decline then
