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Comparison of Communist and Capitalist Economies. Is "Shock Therapy" the Best Option during Transition?
Comparison of Communist and Capitalist Economies. Is "Shock Therapy" the Best Option during Transition?

Comparison of Communist and Capitalist Economies. Is "Shock Therapy" ...

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Inhalt

Seminar paper from the year 2016 in the subject Economics - Other, grade: 2,00, University of Applied Sciences Vorarlberg, language: English, abstract: This paper compares and contrasts communist party and economic planning in a socialist system with the prices and the market in a capitalist economy. It discusses the successes, failures, effectiveness and flaws of each system in terms of economic and social aspects. Is shock therapy the right approach for a stable long term transition?

Bibliografische Angaben

November 2016, 9 Seiten, Englisch
GRIN VERLAG
9783668336162

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