The placement of capitalism and collectivism on the economic spectrum can be traced back to the 19th century, particularly during the Industrial Revolution. This period saw the rise of capitalist economies characterized by private ownership and free markets, contrasting with emerging collectivist ideologies advocating for shared ownership and state control, such as socialism and communism. The debates around these economic systems intensified in the late 19th and early 20th centuries, shaping modern economic thought.
French Revolution
in the middle, but close to the capitalism.
Economic Spectrum is the economic wealth distribution amongst class, helping to distinguish the different economic standings of individuals classes
France's economic spectrum is characterized by a mixed economy that combines elements of capitalism and government intervention. The country has a strong welfare state, with significant public spending on healthcare, education, and social services. Key sectors include manufacturing, agriculture, and services, with a notable emphasis on innovation and technology. Additionally, France plays a vital role in the European Union, influencing regional economic policies and trade.
the government has no direct influence
French Revolution
in the middle, but close to the capitalism.
Both are economic policies instigated by a government. They are on opposite sides of the spectrum in government involvement in economics. It is possible to say that communism is the eventuality of capatalism, but i wont get into that.
Economic Spectrum is the economic wealth distribution amongst class, helping to distinguish the different economic standings of individuals classes
France's economic spectrum is characterized by a mixed economy that combines elements of capitalism and government intervention. The country has a strong welfare state, with significant public spending on healthcare, education, and social services. Key sectors include manufacturing, agriculture, and services, with a notable emphasis on innovation and technology. Additionally, France plays a vital role in the European Union, influencing regional economic policies and trade.
The Nolan Chart is a version of the political spectrum based on economic and personal freedom.
to grade the amount of freedom in each economic system
to grade the amount of freedom in each economic system
Most of the spectrum charts that I have seen are listed in wavelengths, particularly nanometers (nm). Where 1 nm = 1x10^-9 m.
the government has no direct influence
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There is total central planning.