An economic system is an accepted w

An economic system is an accepted way of organizing production,
establishing the rights and freedom of ownership, using productive resources,
and governing business transactions in a society.
When studying economic systems one could view the people of the
whole world as participating in one worldwide economic system and
to some degree economists occasionally do. But they customarily distinguish
between economic systems. Sometimes the distinctions are
broad — as between capitalistic and socialistic; sometimes the distinctions
are narrow — ones made on the basis of national boundaries,
as the American economic system, the British economic system, the
Japanese, and so on.
But all societies are faced with the problem of scarcity, as they differ
considerably in the way they tackle the problem. One important
difference between societies is in the degree of government control of
the economy.
At one extreme lies the completely planned or command economy,
where all economic decisions are taken by the government. At the
other extreme lies completely free-market economy. In this type of
economy there is no government intervention at all. All decisions are
taken by individuals and firms. Households decide how much labour
and other factors to supply, and what goods to consume. Firms decide
what goods to produce and what factors to employ. The pattern of
production and consumption that results depends on the interactions
of all these individual demand and supply decisions.
In practice all economies are a mixture of the two. It is therefore the
degree of government intervention that distinguishes different economic
systems. It is nevertheless useful to analyze the extremes, in order
to put different mixed economies of the real world into perspective.
Countries also differ in the type of government intervention as well
as the level. For example, governments intervene through planning,
189
through nationalization, through regulation, through taxes and subsidies,
through partnership schemes with private industry, and so on.
It is possible to group the different economic structures into the
following basic types: the traditional economy, the command economy,
the free-market economy, the mixed economy

Результаты (английский) 1:

An economic system is an accepted way of self-organizing productionestablishing the rights and freedom of ownership, using productive resources,and governing business transactions in a society.When studying economic systems one could view the people of thethe whole world as one participating in worldwide economic system andto some degree economists occasionally do. But they customarily distinguishbetween economic systems. Sometimes the distinctions arebroad — as between capitalistic and socialistic; Sometimes the distinctionsare narrow — ones made on the basis of national boundaries,as the American economic system, the British economic system, theJapanese, and so on.But all societies are faced with the problem of scarcity, as they differextended considerably in the way they tackle the problem. One importantdifference between societies is in the degree of government control ofthe economy.At one extreme lies the completely planned or command economywhere all economic decisions are taken by the government. At theother extreme lies completely free-market economy. In this type ofeconomy there is no government intervention at all. All decisions aretaken by individuals and firms. Households decide how much labourand other factors to supply, and what goods to consume. Firms decidewhat goods to produce and what factors to closely monitor employ. The pattern ofproduction and consumption that results depends on the interactionsof all these individual demand and supply decisions.In practice all economies are a mixture of the two. It is therefore thedegree of government intervention that distinguishes different economicsystems. It is nevertheless useful to analyze the extremes, in orderto put different mixed economies of the real world into perspective.Countries also differ in the type of government intervention as wellas the level. For example, governments intervene through planning,189through nationalization, through regulation, through taxes and subsidies,through partnership schemes with private industry, and so on.It is possible to group the different economic structures into thethe following basic types: the traditional economy, the command economythe free-market economy, the mixed economy

Результаты (английский) 2:

An economic system is an accepted way of organizing production,
establishing the rights and freedom of ownership, using productive resources,
and governing business transactions in a society.
When studying economic systems one could view the people of the
whole world as participating in one worldwide economic and system
to some degree economists occasionally do. They customarily distinguish But
between economic systems. The distinctions are Sometimes
broad - as between capitalistic and socialistic; sometimes the distinctions
are narrow - ones made ​​on the basis of national boundaries,
as the American economic system, the British economic system, the
Japanese, and so on.
But all societies are faced with the problem of scarcity, as they differ
considerably in the way they tackle the problem. Important One
difference between societies is in the degree of government control of
the economy.
At one extreme lies the completely planned or command economy,
where all economic decisions are taken by the government. The At
other extreme lies completely free-market economy. This type of In
economy there is no government intervention at all. Decisions are All
taken by individuals and firms. Decide how much Households labour
and other factors to supply, goods and what to consume. Decide Firms
what goods to produce and what factors to employ. Of pattern The
production and consumption that results depends on the interactions
of all these individual demand and supply decisions.
In practice all economies are a mixture of the two. It is therefore the It
degree of government intervention that distinguishes different economic
systems. Is nevertheless useful It to analyze the extremes, in order
to put different mixed economies of the real world into perspective.
Countries also differ in the type of government intervention as well
as the level. For example, governments intervene through planning,
189
through nationalization, through regulation, through taxes and subsidies,
through partnership schemes with private industry, and so on.
It is possible to group the different economic structures into the
following basic types: the traditional economy, command economy the,
the free-market economy, the mixed economy

Результаты (английский) 3:

an economic system is an accepted way of organizing production,
when the rights and freedom of ownership, using productive resources,
and governing business online in a society.
when the economic systems one could view the people of the whole world. as participating in a worldwide economic system and to some degree it
economists do. but they customarily distinguish
between economic systems. sometimes the distinctions are
broad as between capitalistic and socialistic; sometimes the distinctions
are narrow - ones made on the basis of national boundaries,
as the american economic system, the british economic system, the
japanese, and so on. but all societies are faced with the problem of scarcity, as they differ
considerably in the way they tackle the problem. one important
difference between societies is in the degree of government control of the economy
.
at one extreme is the kind of a command economy,
where all economic decisions are taken by the government. at the other extreme is
a free - market economy. in this type of
economy there is no government intervention at all.all decisions are
taken by individuals and firms. households decide how much labour
and other factors to supply, and what goods to consume. firms decide
what goods to produce and what factors to employ. the pattern of production and consumption that

results depends on the interactions of all these individual demand and supply decisions. in practice all economies are a truly of the two.it is therefore the
degree of government intervention that distinguishes different economic
systems. it is useful to simply read the extremes, in order "to put different mixed economies of the real world into perspective.
countries also differ in the type of government intervention as well. as the level. for example, governments intervene through planning,

through nationalization 189.through regulation, through taxes and subsidies,
through partnership schemes with private industry, and so on. it is possible to group the different economic structures in the
following three types: the traditional economy, the economy, "the free market economy, the mixed economy