3 Types of Economies. Market, Planning, and Mixed
Alla P. Gakuba
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Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft
Beschreibung
There are 3 types of economies: market, planning, and mixed. The story gave definitions and introduced advantages and disadvantages of each type of economy.
The author lived under all 3 types of economies: planning (in the former Soviet Union), mixed (in Africa: Rwanda and Tanzania), and market (in the USA).
Why countries chose to have a Market, or Planning, or Mixed economy?
In reality, there in no one country in the world that has only a poor market economy, or poor mixed economy, or poor planning economy. Why? Please find answers in this story.
Kundenbewertungen
1. What is Market economy? 2. What is planning economy? 3. What is mixed economy? 4. Disadvantages of market economy. 5. Advantages of planning economy. 6. Advantages of mixed economy. 7. What is global capitalism?