- •К.М.Байша
- •Англійська мова
- •Для студентів економічних спеціальностей внз
- •Херсон-2013
- •Байша к.М. Англійська мова для студентів економічних спеціальностей внз: навчально-методичний посібник. – Херсон, 2013. – 110с.
- •Context my family
- •Hobbies
- •The bologna declaration of june 1999
- •International student’s day
- •London. Places of interest
- •English traditions
- •English curiosities
- •The united kingdom
- •London fogs
- •The usa
- •Political system of the usa
- •The school system
- •The us higher education
- •Washington, d. C.
- •American festivals
- •Public economic
- •Unit 1. The economic problem
- •The Individual and Society
- •Scarcity and Choice
- •Three Basic Problems
- •Unit 2. Economic system
- •Market economies
- •Command Economies
- •Mixed Economies
- •Unit 3. The factors of production
- •Capital
- •The Entrepreneur
- •Unit 4. The division of labour
- •The Division of Labour
- •The Disadvantages of the Division of Labour
- •Unit 5. Types of business organisation
- •The Partnership
- •The Joint Stock Company
- •Unit 6. Prices and markets
- •Price and Value
- •Unit 7. Money
- •Regulation and token money
- •Unit 8. Inflation
- •Types of Inflation
- •The Effects of Inflation
- •Unit 9. Economic policy
- •Economic Policy
- •Policies with Floating Exchange Rates
- •Unit 10. Economic growth
- •Economic Growth
- •Economic Policy and Growth
- •For professional reading skills the international trade
- •The new marketplace
- •Personal banking
- •The history of banking
- •Functions, properties and kinds of money
- •Branding
- •Factors of productions
- •What is economics
- •An inexact science
- •Adam smith and his invisible hand of capitalism
- •Karl marx: it's exploitation!
- •Keynes: the government should help out the economy
- •Market economies
Market economies
A society may attempt to deal with the basic economic problems by allowing free play to what are known as market forces. The state plays little or no part in economic activity. Most of the people in the non-communist world earn and spend in societies which are still fundamentally market economies.
The market system of economic organization is also commonly described as a free enterprise or laissez-faire, or capitalist system. We shall use all these terms to stand for a market economy. Strictly speaking the pure market of laissez-faire system has never existed. Whenever there has been some form of political organization, the political authority has exercised some economic functions (e.g. controlling prices or levying taxation). It is useful, however, to consider the way in which a true market system would operate be-cause it provides us with a simplified model, and by making modifications to the model we can approach the more realistic situations step by step.
The framework of a market or capitalist system contains six essential features: private property, freedom of choice and enterprise, self-interest, competition, the price system, the role for government.
Список використаних джерел
1. Ricky W. Griffin, Ronald J. Ebert «Business», Third Edition. Fall, 1992.
2. Warrant R. Plunkett, Raymond F. Attner «Introduction to Management», Fifth Edition.
3. Pride/Highes/Kapoor «Business», Second Edition, Houghton Miffin Company, 1998.
4. The New International Webster’s Comprehensive Dictionary of the English Language. Encyclopedic edition, Trident Press International, 1996.
5. Collins Dictionary of Economics, Harper Collins Publishers, 1998.
6. David Evans «Business English Verbs», Penguin English, 2008.
7. Barbara Campbell «Guide to English for Business», Chambers, 1999.
8. Nick Brieger, Simon Sweeney, «The Language of Business English», Prentice Hall, 1994.
9. The Newbury House Dictionary of American English, 1996.
10. Oxford Dictionary of Business English, Oxford University Press, 1996.
11. The Cassell Concise Dictionary, 1997.
12. M. I. Balla English-Ukrainian Dictionary. – К.: «Освіта».
13. Sandra Costenett «The language of Accounting in English», Prentice Hall, 1997.
14. Neil Wood, Workshop Oxford «Business and Commerce», 2007.