3 Types of Economies. Market, Planning, and Mixed
SHORT STORY # 54. Nonfiction series #1- # 60
Business & Finance, Economics, Comparative Economics, Economic Conditions, Theory of Economics
| Author: | Alla P. Gakuba | ISBN: | 9781943131846 |
| Publisher: | Know-How Skills | Publication: | December 7, 2016 |
| Imprint: | Know-How Skills | Language: | English |
| Author: | Alla P. Gakuba |
| ISBN: | 9781943131846 |
| Publisher: | Know-How Skills |
| Publication: | December 7, 2016 |
| Imprint: | Know-How Skills |
| Language: | English |
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.
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.
