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An economy based on economic planning ( either through the state, an association of worker cooperatives or another economic entity that has jurisdiction over the means of production ) appropriates its resources as needed, so that allocation comes in the form of internal transfers rather than market transactions involving the purchasing of assets by one government agency or firm by another.
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economy and based
Like ours, the economy of the space merchants must constantly expand in order to survive, and, like ours, it is based on the principle of `` ever increasing everybody's work and profits in the circle of consumption ''.
Following World War II, Alabama experienced growth as the economy of the state transitioned from one primarily based on agriculture to one with diversified interests.
The foreign relations of Angola are based on Angola's strong support of U. S. foreign policy as the Angolan economy is dependent on U. S. foreign aid.
Azerbaijan is an economy that has completed its post-Soviet transition into a major oil based economy ( with the completion of the Baku-Tbilisi-Ceyhan Pipeline ), from one where the state played the major role.
Until independence, Armenia's economy was based largely on industry — chemicals, electronic products, machinery, processed food, synthetic rubber and textiles ; it was highly dependent on outside resources.
It was founded between 650 and 625 BC by Gorgus, son of the Corinthian tyrant Cypselus, at which time its economy was based on farmlands, fishing, timber for shipbuilding, and the exportation of the produce of Epirus.
Their economy was based on farming, as well as hunting, fishing and gathering.
Under Amasis or Ahmose II, Egypt's agricultural based economy reached its zenith.
Prior to the 1950s, Alberta was a primarily agricultural economy, based on the export of wheat, beef, and a few other commodities.
The local economy is based upon tourism directed to the beaches of the Costa Blanca and particularly the second residence construction boom which started in the 1960s and reinvigorated again by the late 1990s.
Its economy is primarily based on the service sector, encompassing a diverse range of creative industries, media corporations, and convention venues.
The economy of Bhutan, one of the world's smallest and least developed, is based on agriculture and forestry, which provide the main livelihood for more than 60 % of the population.
Under the new communist system, privately owned factories and estates were nationalized, and the economy was based on a type of planned market socialism.
The economy of Crete is predominantly based on agriculture and is one of the few Greek islands that can support itself independently without a tourism industry.
The Songhai economy was based on a caste system.
Planned economies are in contrast to unplanned economies, i. e. the market economy and proposed self-managed economy, where production, distribution, pricing, and investment decisions are made by autonomous firms based upon their individual interests rather than upon a macroeconomic plan.
While many socialist currents advocated economic planning as an eventual substitute for the market for factors of production, some define economic planning as being based on worker-self management, with production being carried out to directly satisfy human needs, and contrast this with the concept of a command economy of the Soviet Union, which they characterize as being based on a top-down bureaucratic administration of the economy in a similar fashion to a capitalist firm.
The economy of Ecuador is based mostly on exports of bananas, oil, shrimp, gold, other primary agricultural products and money transfers from nearly a million Ecuadorian emigrants employed abroad.
The economy of Ethiopia is based on agriculture, which accounts for half of gross domestic product ( GDP ), 43 % of exports, and 85 % of total employment.
economy and on
The word was that this too was part of an economy move on his part.
What is wrong with advertising is not only that it is an `` outrage, an assault on people's mental privacy '' or that it is a major cause for a wasteful economy of abundance or that it contains a coercive tendency ( which is closer to the point ).
The economy seems to be sailing along on an even keel and the 1961 hurricane season and auto strikes are at an end so they can't be blamed in November.
Here, as in all sectors of the economy, quality and justice are both dependent on the right of the individual to deal directly with his employer if he so chooses.
The purchase of compact ( economy ) cars is being made currently on a test basis.
Cars are traded mostly on a three-year basis in the interest of economy.
and on continued growth in the applications of electronics to the complex problems of manufacturing and trade in the expanding but competitive economy of the 1960's.
During much of the year the general level of business activity has moved along on a record-high plateau, but there have been persistent signs of slack in the economy.
It is difficult to see any powerful sources of strength on the horizon at this time which would give the economy a new upward thrust.
The concerto's soloist, Hans Richter-Haaser, played with compensatory ease and economy, though without the consummate plasticity to which we had been treated on the previous evening by Herr Riefling.
They tried to sell 'em on economy and simple merit.
The state economy in the 21st century is dependent on management, finance, manufacturing, aerospace, mineral extraction, healthcare, education, retail, and technology.
On the rim of the mountains, on the plateaus and the plains the economy consists of manufacturing and service jobs whereas in the higher altitudes and in the mountains farming is still an essential to the economy.
The consequent blockade along both the Azerbaijani and Turkish borders has devastated the economy, because of Armenia's dependence on outside supplies of energy and most raw materials.
In 2010, the main macro deficiencies of the Armenian economy — namely, unsustainable growth drivers, a narrow and resource-dominated export base, and overdependence on private transfers — were still prevalent.
Adelaide's early economy started to get on its feet in 1838 with the arrival of livestock from New South Wales and Tasmania.
An eminent member of this school, Georges Duby, wrote in the foreword of his book Le dimanche de Bouvines that the history he taught relegated the sensational to the sidelines and was reluctant to give a simple accounting of events, but strived on the contrary to pose and solve problems and, neglecting surface disturbances, to observe the long and medium-term evolution of economy, society and civilisation.
The Bolivian Andes produce principally tin although historically silver mining had a huge impact on the economy of 17th century Europe.
economy and economic
Hands-off the economy was replaced by conscious guidance through planning -- the economic side of the constitutional revolution.
He says the state, in order to proceed with economic development, must develop an understanding of how the various parts of its economy fit together and dovetail into the national economy.
The Office of Business Economics ( OBE ) of the U.S. Department of Commerce provides basic measures of the national economy and current analysis of short-run changes in the economic situation and business outlook.
Perhaps this would be sufficient to justify an economic boycott of an entire national chain in order, by threatening potential injury to its entire economy, to effect an alteration of the policy of its local stores in the matter of segregation.
Sprinkel told conferees that the recent improvement in economic activity was not a `` temporary flash in the pan '' but the beginning of a substantial cyclical expansion that will carry the economy back to full employment levels and witness a renewal of our traditional growth pattern.
The unsatisfactory 1958-60 expansion, he said, was not due to inadequate growth forces inherent in our economy but rather to the adverse effect of inappropriate economic policies combined with retrenching decisions resulting from the steel strike.
According to one analyst, Armenia's economic system is anticompetitive due to the structure of the economy being a type of " monopoly or oligopoly ".
According to the Fraser Institute, Alberta has very high levels of economic freedom and rates Alberta as the most free economy in Canada, and second most free economy amongst U. S. states and Canadian provinces.
China's economy had grown together with its economic freedom.
Around the world today are a number of banks, companies, charities, and schools for developing co-operative forms of business using Steiner's ideas about economic associations, aiming at harmonious and socially responsible roles in the world economy.
Although the party approved market economy and held favourable views on liberalizations and the privatization of state industries, however AN was to the left of Forza Italia on economic issues and sometimes supported statist policies.
The Industrial Revolution transformed Berlin during the 19th century ; the city's economy and population expanded dramatically, and it became the main rail hub and economic center of Germany.
A large injection of external investment from both private and public sources has alleviated the economic difficulties of the early 1990s caused by global recession and persistently low commodity prices ( although the latter continues to affect the economy ).
When pro-reform forces came into power in the spring 1997, an ambitious economic reform package, including introduction of a currency board regime, was agreed to with the International Monetary Fund and the World Bank, and the economy began to stabilise.
Successful foreign direct investment and successive governments have demonstrated a commitment to economic reforms and responsible fiscal planning have contributed greatly to the Bulgarian economy, with a historical growth rate average of 6 % a year.
The party's ascent to power in 1944 had marked the beginning of economic change towards planned economy in Bulgaria.
After World War II, Bulgaria followed the Soviet model of economic development more closely than any other East Bloc country with becoming one of the first members of Comecon ; the new regime shifted the economy from mainly agrarian type towards industrial economy and much of the labour force from the countryside to the city, providing workers for new large-scale industrial complexes.
This experimentation took place within the socialist economic framework, however, and it never approached a market-based economy.
During 1996, however, the economy collapsed due to the Bulgarian Socialist Party's slow and mismanaged economic reforms and an unstable and decentralised banking system, which led to an inflation rate of 311 % and the collapse of the lev.
When pro-reform forces came into power in the spring 1997, an ambitious economic reform package, including introduction of a currency board regime, was agreed to with the International Monetary Fund and the World Bank, and the economy began to stabilise.
During the 19th century the Liberal Party was broadly in favour of what would today be called classical liberalism: supporting laissez-faire economic policies such as free trade and minimal government interference in the economy ( this doctrine was usually termed ' Gladstonian Liberalism ' after the Victorian era Liberal Prime Minister William Ewart Gladstone ).
Bunge & Born provided the Menem government with its first two economy ministers, and the combination of large rate increases on public services ( around 500 %), a simplified exchange rate and a massive, mandatory wage hike led to a sharp economic turnaround between July and November 1989.
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