In an economy, the most important are the relationships of the balance of payments, which includes the main operations of the external sector of the economy, with the corresponding indicators of the domestic sector – items of national income and gross national product, the monetary sector and the public sector. In each of these accounts, […]
Tag: time
Positive and negative aspects of the market
The market, the market system have a number of positive and negative sides. Western economists include the positive aspects of the market: 1. Efficient allocation of resources. The market contributes to the optimal distribution of resources between economic spheres and industries. It directs resources to the production of only marketable goods, rather than to the […]
Market infrastructure
The market forms its infrastructure. Market infrastructure is a set of organizations, institutions, enterprises and services that serve and ensure the movement of goods and services, capital and labor, i.e. ensure the normal functioning of the market. It includes a network of commercial banks and other financial institutions; commodity and stock exchanges, trading houses, labor […]
Features of the global technology market
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 materialized and 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 well as individuals […]
Managed currency theory
This theory arose under the influence of the global economic crisis of 1929-1933, when the failure of the ideas of a neoclassical school, which advocated free competition and non-interference of the state in the economy, was revealed. The founder of this theory is Keynes, whose ideas took dominant positions in the 50-60s in Western economic […]