World Economic System Analysis

2009
INTERNATIONAL SCHOOL OF BUSINESS & MEDIA; KOLKATA

ABHIJIT SAMANTA

[VARIOUS ECONOMIC SYSTEMS AROUND THE WORLD]

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Objective of the report: In this project our basic clinical is to understand the various scotch systems across the world. In the offset the fundamental concept of three major economic systems is discussed. and then showing the data from various countries of the world the theories ar proved.

methodology: There argon three major economic systems which argon discussed in this topic. The data is salt away from the World Bank website. We are well aware about the comparison of growth and development. heretofore the parameters which are important in considering the growth and development are 1. 2. 3. 4. 5. 6. 7. 8. GDP Per Capita Income Equal distribution of wealth Better standards of brisk Education attainment Life Expectance at birth mortality rate rate Infrastructure development

The last six parameters are essentially associated with development. Here form the World Bank website we have collected some of the above factors and tried to analysis the effect of these factors on the countys economic system. Source of Information: http://web.worldbank.org/WBSITE/ foreign/DATASTATISTICS MS Excel is used for the data analysis portion.





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Basic Concepts: scotch System: It defines the function of an economy in doing so it defines the ways in which the economic agents interact among themselves.

Types of Economic System: There are three main types of economic systems. 1. Market rescue / Free Economy: Here the functioning of the economy is fully controlled by the market itself. In separate worlds the demand and supply are the main parameter to condition the functioning of this economy. vitrine: - Economy of United States. 2. The command Economy: It is operated by centralized body or government regulators. Example: - Economy of Soviet Union. 3. Mixed Economy: It is characterized by the world of both the economies i.e. The market...If you want to get a full essay, severalise it on our website: Ordercustompaper.com



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