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Reward Points: | 17 |
Efficiency:
Efficiency is a measure of the effectiveness of your arguments. It is the number of up votes divided by the total number of votes you have (percentage of votes that are positive). Choose your words carefully so your efficiency score will remain high. | 86% |
Arguments: | 7 |
Debates: | 0 |
Free/Mixed Economies introduce many new markets at a faster rate as a result of supplying various needs. Often times new markets means more growth as seen in the cases of creating the stock market. Even in cases that seem trivial like selfie sticks etc. New markets means more goods produces, which requires more labor, which requires wage, which increases purchasing power.
Free/Mixed economies make it so that private citizens are more informed of the wants of other citizens, thus, can better serve to their needs with goods. Benefits to all parties come from this point. Private producer gains cash (Raises purchasing power that can be reinvested), consumer derives enjoyment from good.
Stimulates a fledgling economy to the point where basic goods and industries can be established. Planned economy can function as a 'jump start' for a nation's economic growth, introducing it into the global market quicker. Reason planned economy has this effect is due to the fact that governments usually have more/better capital (clout) than private citizens and can more easily use it.
I am probably a good person but I haven't taken the time to fill out my profile, so you'll never know! |