enterprise. "Economic textbook" of P.Samuelson and W.Nordhaus wrote: "The effect that is used the most effectiveness of the economy's resources to satisfy the demand of human's desire", economist Prof. N.GREGORY MANKIW of Harvard University in his book "Principles of economics" that "Efficiency means that society obtained the highest results from its
that Oligopoly is the Only Market Type for Country to Develop Its Domestic Market” CASE STUDY: INDONESIA Brief Explanation about Oligopoly Market Oligopoly market is one of the economic type of market which has several characteristic that differenciate it from another type of market. First, there are only a few firms that make up an industry in the market. Second, those few firms has control the price (tend to be into price competition), and like monopoly market type, an oligopoly also has high barriers
Wallerstein believes that there are only three basic types of social systems. The first he terms as “mini-systems,” these are the small, homogenous societies studied by anthropologists. Hunting and gathering, pastoral, and simple horticultural societies are relatively self-contained economic units, producing all goods and services within the sociocultural system itself. The second type of social system is a “worldempire.” This system has an economy that is based on the extraction of surplus goods
developed and other underdeveloped? Does the political system like democracy and authoritarian bring in development? Does Democracy lead a development or does economic development first before democracy? These questions and many other academic questions surrounding the development issue are on the debate. Therefore this paper does not answer many of these questions but here I would like to present the effects caused by two prominent political systems of the world, Democracy and Authoritarianism. In this
of Jamaica, Haiti, and Puerto Rico, to explore their development as colonies and look deeper into the development of economic systems and the influence these had in the creation and establishment of certain types of social structures. By looking at places conquered by three different countries, Mintz evaluates the factors that influenced in the creation of these societies as the types of migration, the settlement
of a global economic space and the creation of a single market of production and distribution of wealth. The emergence and rapid development of international logistics systems (ILS) is a manifestation of globalization, a process most directly affecting the world economy and the economic activity of international companies. The subject of this research paper is economic, managerial and organizational relations connected with the formation, operation and optimization of logistics systems in the foreign
approval of textbooks, and standardized exams. Japan’s comprehensive system insures that all students are educated equally and go further on with their education, Adolino and Blake (2011, 335). Exams are taken after primary school that determine where the child is placed in upper secondary school. In Japan’s high schools they typically have vocational classes as well as their general studies. Since they have a comprehensive system everyone is being taught the same general curriculum; however, the degree
Analysis of Findings Lo1-2.1 11 Lo1-2.2 12 Lo1-2.3 13 Summary of Recommendation 14 Conclusion 15 References 16 Appendices 17-19 EXECUTIVE SUMMARY The researcherexplained how economic systems attempt to allocate resources effectively, the impact of fiscal and monetary policy on business organisations and their activities and the impact
short, recognizing different forms of corruption, leads to a series of questions such as: to what extent do the various types of corruption actually go together? Do all forms of corruption stem from the same underlying causes or are the different types of corruption caused by different factors? Do the different forms of corruption have different affects on society or the political system? Much of the corruption literature exploring the underlying causes and consequences of corruption fail to differentiate
as a particular type of economic system, is characterized by not only a high level of the population welfare. It differs from other types of economic systems by the presence of mechanism, where social and economic institutions rule over the operations of all system components. And these operations aimed at achieving such goals, as social justice, security, high level of life. Social Market Economy can be pointed as a unique German obtainment. However, the similar features of economic order were discussed