Free and fair elections, an independent media, and market-based economies epitomize the ideals that American and Japanese citizens universally embrace.
The market economy introduced by Deng Xiaoping was not compatible with the planned economy of the Communist Party, which inevitably resulted in a decline in the authority of the Communist Party.
The market economy does not automatically guarantee growth, social justice, or even economic efficiency; achieving those ends requires that government play an important role.
The market economy is a structure within which firms and households make decisions regarding consumption and investment based on prices of individual goods and services.
Private property and the market economy do not serve solely to ensure the domination of capital over those who have nothing to sell but their labor power.
But a market economy, which is what Bulgaria's has been for nearly 30 years since the fall of Communism in 1989, is ruled not by the government but instead by supply and demand.
We can say that with unregulated globalization, a world market economy built on speculative finance burst through the legal, political and moral constraints that had once served to protect the common good.
The difference is this: A market economy is a tool, a valuable and effective tool, for organizing productive activity, but a market society is a place where almost everything is up for sale.
Yui: From a long-term viewpoint, the market economy in Japan, which developed from the latter half of the 17th century, began to stagnate at the end of the 18th century, roughly one century later.
Economics To what degree was the government of each dynasty able to regulate the long-term development of the economy and in what respects was a market economy employed in each dynasty successfully?
Huangshan Railway Station has been arrived at 8:30 pm would have liked to have had no car to the soup I had no idea that the train was a taxi soliciting wrapped, 10 yuan/ person, with the usual price, the market economy is really good.
The European social model is characterised by the indissoluble link between economic performance and social progress, in which a highly competitive social market economy is not an end in itself, but should be used to serve the welfare of all, in accordance with the tradition of social progress rooted in the history of Europe and confirmed in the Treaties.
A market economy based on private property, if left to itself, contains powerful forces of convergence associated in particular with the diffusion of knowledge and skills, but it also contains powerful forces of divergence, which are potentially threatening to democratic societies and to the values of social justice on which they are based.
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