Comparison of Communist and Capitalist Economies. Is "Shock Therapy" the Best Option during Transition?
Comparison of Communist and Capitalist Economies. Is "Shock Therapy" ...
Contenu
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?
Informations bibliographiques
novembre 2016, 9 pages, Anglais
GRIN VERLAG
9783668336162