enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Economic system - Wikipedia

    en.wikipedia.org/wiki/Economic_system

    Circulation model of economic flows for a closed market economy. In this model the use of natural resources and the generation of waste (like greenhouse gases) is not included. An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society.

  3. Market economy - Wikipedia

    en.wikipedia.org/wiki/Market_economy

    The social market economic model, sometimes called Rhine capitalism, is based upon the idea of realizing the benefits of a free-market economy, especially economic performance and high supply of goods while avoiding disadvantages such as market failure, destructive competition, concentration of economic power and the socially harmful effects of ...

  4. Mixed economy - Wikipedia

    en.wikipedia.org/wiki/Mixed_economy

    The political definition of a mixed economy refers to the degree of state interventionism in a market economy, portraying the state as encroaching onto the market under the assumption that the market is the natural mechanism for allocating resources.

  5. Market (economics) - Wikipedia

    en.wikipedia.org/wiki/Market_(economics)

    Market participants or economic agents consist of all the buyers and sellers of a good who influence its price, which is a major topic of study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand.

  6. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  7. Circular flow of income - Wikipedia

    en.wikipedia.org/wiki/Circular_flow_of_income

    The government sector consists of the economic activities of local, state and federal governments. Flows from households and firms to government are in the form of taxes. The income the government receives flows to firms and households in the form of subsidies, transfers, and purchases of goods and services.

  8. Macroeconomics - Wikipedia

    en.wikipedia.org/wiki/Macroeconomics

    The traditional LM curve is upward sloping because the interest rate and output have a positive relationship in the money market: as income (identically equal to output in a closed economy) increases, the demand for money increases, resulting in a rise in the interest rate in order to just offset the incipient rise in money demand.

  9. Market mechanism - Wikipedia

    en.wikipedia.org/wiki/Market_mechanism

    In a free market economy, all the resources are allocated by the private sector (individuals, households, and groups of individuals); in a planned economy, all the resources are owned by the public sector (local and central government); and, in a mixed economy, some resources are owned by both sectors, private and public. In reality the first ...