criterias for good economic system
Daniel Rutledge Vining has written: 'On appraising the performance of an economic system' -- subject(s): Economic history, Economic policy, Economics
Command system is when the government makes decisions or when the economic decision is taken by the central body. This type of system contrasts the market economy.
chorale criteria
what are the criteria in judging for a Speech Chooir Competion? what are the criteria in judging the speech choir competition?
Most judges will go with what they think. They have their opinion of what they think the criteria for a beauty pageant is. Some like glitz makeup, some like makeup but not to glitzy. There really is no criteria for each pageant. Its really all about the judges and the kind of pageant you are planning on doing such as. Natural,glitz, and high glitz... there are other pageants but these are the most common.
What are the vital criteria use to jugde the performance of the various economics system
abudance
double standard
double standard
Using one set of criteria to judge others and another set of criteria to judge another is called hypocrisy. It involves holding different standards for different people or situations, often leading to inconsistency.
In business terminology, the abbreviation "KPI" stands for "key performance indicator." When beginning a project or launching a new system for production, companies compose a list of criteria on which to judge the effectiveness of the new system. Each of these criteria becomes known as a KPI.
There are many criteria that can be used to judge an economic system, but the main ones are efficiency and equity. Efficiency is defined as not just having markets that fit the theoretical definition of efficient, but having growth in the size of the economy and lots of innovation. Equity is the distribution of the income. The most efficient economy in the world does no good if the income from it is owned by a few people, and the rest live in wretched poverty. Equity also means the ability of every person to have the necessities of life, such as food, clothing, shelter, education, health care, etc.
There are many criteria that can be used to judge an economic system, but the main ones are efficiency and equity. Efficiency is defined as not just having markets that fit the theoretical definition of efficient, but having growth in the size of the economy and lots of innovation. Equity is the distribution of the income. The most efficient economy in the world does no good if the income from it is owned by a few people, and the rest live in wretched poverty. Equity also means the ability of every person to have the necessities of life, such as food, clothing, shelter, education, health care, etc.
it does not comply the economic criteria
well, first of all we have two major criteria that these two have some other criteria related that we name it sub criteria two main criteria are Socio-economic criteria and Environmental criteria subcirteria for Socio-economic criteria are accessibility to roads nad trade center of city and so on. subcirteria for Environmental criteria are slop, height and .... each of these have maps to overlay with each other
what are the criteria to measure the infectiveness of computer system
traditional economic system command economic system market economic system