The economic system of France strongly resembles the German one. There is also a socially-oriented model of the economy, in the center of which is the “welfare state”. It is because of the high role of the state in the country’s economy that such a system is often called the statist model. The role […]
Tag: unity
Conditions for the formation of the global technology market and its main segments
The world technology market is a system of economic relations in the field of exchange of scientific and technical knowledge, which can be presented both in a materialized and in a non-materialized form. The subjects of the world technology market are government agencies, research institutes and educational institutions, industrial companies and small innovative firms, as […]
The concept of "technology"
The scientific and technological revolution is extremely diverse in the set of goods and services offered on the world market. In particular, technology becomes a commodity. International UN documents interpret the concept of “technology” in two ways: on the one hand, as a set of design solutions, methods and processes for the production of goods […]
Classical and Keynesian models of macroeconomic equilibrium
In the world economic literature, two main directions of the mechanism for regulating national production in market conditions can be distinguished. The first is the classical direction of automatic self-regulation of the market system. Its representatives are D. Ricardo, D. St. Mill, F. Edgeworth, A. Marshall, A. Pigou. The second is Keynesian, proceeding from the need […]
Representatives of the neoclassical school
Following A. Smith and K. Marx, the mechanisms of market competition were considered by representatives of the neoclassical school. Unlike their predecessors, they argued that the value of goods is created not in the process of production, but in the market, where individual estimates of the value of goods by individual sellers and individual buyers […]