Laissez Faire Capitalism a theory that restricts government intervention in the economy. It holds that the economy is strongest when all the government does is protect individuals' rights. Laissez-faire is French for "let do" or "leave us alone."
Market Socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy. Also called liberal socialism, economic system representing a compromise between socialist planning and free enterprise, in which enterprises are publicly owned but production and consumption are guided by market forces rather than by government planning.
Monetarism is a macroeconomic concept, which states that governments can foster economic stability by targeting the growth rate of money supply. Essentially, it is a set of views based on the belief that the total amount of money in an economy is the primary determinant of economic growth.
Solow Model (growth comes from capital, labor, and technology) an exogenous model of economic growth that analyzes changes in the level of output in an economy over time as a result of changes in the population growth rate, the savings rate, and the rate of technological progress.
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