sistem kapitalisme, sosiolaisme

8/12/2019 sistem kapitalisme, sosiolaisme

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DEFINITIONS:

SET OF CUSTOMS LAW, THE LAW RULES RELATING TO THE PRODUCTIO

EXCHANGE AND CONSUMPTION OF GOODS AND SERVICES.

AN ECONOMIC SYSTEM CONSISTS OF A SET OF CONTROLS TO DETERM

MANY RESOURCES USED TO SATISFY THE REQUIREMENTS OF


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THERE ARE 5 BASIC FEATURES OF THE ECONOMIC

SYSTEM:

PROPERTY OWNERSHIP

STARTUP COMPANY

ECONOMIC INCENTIVES

PRICING MECHANISM

MARKET COMPETITION


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TYPE OF ECONOMY SYSTEM

CAPITALISM SOCIALISM COMUNISMMIXED

ECONOMY E


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CAPITALISM Derived from the word capital (English: capital), which means "capital"

This system was introduced by Karl Marx

economic and social system that tends toward the accumulation of wealth by indiv

without government interference and seeks profit

Capitalist economic system driven by market forces in determining the production

pricing of goods and services, investment and income

capitalist thought this system creates an obvious disparity between the rich and theSystem contrary to this ideology was communism and socialism.

In this system individu will own the source and wealth without any distrubted.


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There solutionseconomic

power

there iseconomic

freedom

maximumefficiency

there arepower users


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misuse ofresources

effectexternalities

lack of publicproduct

monopoly powerexists

lack oflaborers


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SOCIALISM

This system is also known as the central planning system An economic system whose goal is to serve the society, is general, not

specific individuals.

Factor of production or economic resources controlled by the state,

individuals are not given the freedom to have it.

government is directly involved in regulating economic activity.


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Large scale production

As the owner of the factor of production,government be able to perform large-scale

production

Fairness opinion distribution

With the guarantee of individual rights a

restrictions on amassing wealth to a

handful of the country, the distribution

income in the system more fair.

Expenditure without rivalMonopolists (the government) in

production can avoid competition.Thus,

production costs will be lower.Low prices

give welfare to consumers.

Economic stability

Economy becomes more stable becaus

the planning and control by the

government.


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MISTAKES IN DECISION MAKING

Economic decisions are determined by a small group

of government at the federal level. Risk of making

wrong decisions is high, and this can affect the

welfare of the people.

LESS INITIATIVE AND MO

Individual's right to acquire the basic necnot allowed to accumulate wealth indepe

situation does not encourage them to co

and work hard

NO DEVELOPING TECHNOLOGY ANDINNOVATION

Without competition, new technologies and innovations can not

flourishing. This resulted in the economic system continues to lag behind

and do not grow.


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COMUNISM (SOVIET UNION) Introduced by Karl Marx as the final stage in human society.

Type promote socio-economic growth of a classless society based on co

ownership and control of the factors of production and property in genera

The system aims to integrate the management of all economic resources

Main idea was simple: Free the lower class from poverty and give the pofighting chance.


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IN ORDER TO LIBERATE LOWER CLASS,THE GOVERNMENT WOULD HAVE

CONTROL ALL MEAN OF PRODUCTION.

COMMUNISME IS A SYSTEM OG GOVERNMENT AND IDEALS WHERE ALL

ARE CONSIDERED EQUAL IN AN ATTEMPT TO CREATE A FAIRER SOCIETY

INHERITANCE AND OWNING A BUSINESS FOR PRIVATE GAIN FOR EXAMP

FORBIDDEN


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Fairness distribution,all people get

Economic problems rarely occur

Any expenditure activities run smoothly

Can provide the perfect designation and sufficient labor


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The freedom of each individual to progress stalled.

There is no competition between the public

People do not have any ownership of the resource

Encourage people to avoid work.

Collective ownership would not be efficient.


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DIFFERENCE C PIT LISME SOSI LISM KOMUNUSIMSOURCE

OWNERSHIP

INDIVIDUAL GOVERNMENT GOVERNMENT

COMPETITION

MARKETING

HAS

COMPETITION

NOT HAS

COMPETITION

NOT HAS

COMPETITIONPRICE

MECHANISMS

FIRMS CONTROL GOVERNMENT GOVERMENT

ECONOMIC

PROGRESS

FAST PROGRESS SLOW

PROGRESS

SLOW

PROGRESS

TECNOLOGY

DEVELOPMENT

FAST

DEVELOPMENT

SLOW

DEVELOPMENT

SLOW

DEVELOPMEN

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sistem kapitalisme, sosiolaisme