Экономические системы. - 15 стр.

4. Некоторые виды услуг, например услуги здравоохранения и
образования, не могут быть полностью обеспечены только частными
фирмами.

III Answer the questions
1. What’s a market economy?
2. What’s the main difference between a market economy and a planned
economy?
3. Do changing demands affect production? In what way?
4. What’s the mechanism of producing goods and services in a market
economy?
5. Give the advantages of a market economy.
6. Give the disadvantages of a market economy.

                                      Unit 4
                                 Economic Systems

      Mixed economics
     Command and market economies both have significant faults. Partly
because of this, an intermediate system has developed, known as mixed
economies. A mixed economy means very much what it says as it contains
elements of both market and planned economies. At one extreme we have a
command economy, which does not allow individuals to make economic
decisions, at the other extreme we have a free market, where individuals
exercise considerable economic freedom of choice without any government
restrictions. Between these two extremes lies a mixed economy. In mixed
economies some resources are controlled by the government whilst others are
used in response to the demands of consumers.
     Technically, all the economies of the world are mixed: it is just the balance
elements between market and planned elements that alters. Some countries are
nearer to command economies, while others are closer to free market
economies. So, for example, Hong Kong has some state - controlled industry,
while Cuba has some privately owned and controlled firms.