Questions what is the main features of the socialist economy?

What is deficit? Give examples.

Key words: economy, market, price.

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  A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets in a particular year.
  
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  Governments and businesses sometimes run deficits deliberately, to stimulate an economy during a recession or to foster future growth.
  
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  The two major types of deficits incurred by nations are budget deficits and trade deficits.
  

89. 
    What is abundance? Give examples.
    

Key words: economy, market, price.

Abundance is everywhere in the Universe, and it can also appear in your personal life, if you let it. It appears as multitude of trees, plants, animals, and various forms of life, and also as an endless number of stars and Universes.

New stars are constantly created, new trees grow, new people are born, and new sources of energy are discovered. The Universe seems to be constantly creating new things, and you are part of this plenty. If you lack plenitude in life, it is because of some negative thoughts and attitude blocking it.

People often associate this term with money. Wealth, and having a lot of money are considered symbols of it. However, abundance manifests in many other ways, not only as plenty of money and plenty of possessions.

90.