VI. Place the words and phrases from the box associated with market and centrally planned economies under the appropriate headings in the table below.

Question

Вопрос:

Ответ:

ФИО:Телефон:Емаил:Полное описание сути нарушения прав (почему распространение данной информации запрещено Правообладателем):

Accepted Answer

Market Economy	Centrally Planned Economy
competition	state ownership of main enterprises
private ownership	competitive management of enterprises
unemployment	subsidizing of unprofitable organisations
badly managed enterprises	bankruptcy of unprofitable companies
overstaffing	intolerance of staff according to real necessities
merging of companies	price established by interaction of supply and demand
	employment of staff according to real necessities

Additional characteristics:

Market Economy: Consumer sovereignty, freedom of choice, profit motive, innovation.

Centrally Planned Economy: State control over production and distribution, lack of competition, fixed prices, resource allocation by government.