Questions what is the main features of the socialist economy?

What is national economy?

Key words: country, income, market.

The national economy of a country is, in fact, based on small and medium industries. These are the fundamentals, the foundations of all national economies. There is already a change we can see in the ecosystem in Oman. Nowadays a lot of young Omanis want to establish their own businesses. Natural systems, like national economies, operate in an environment where there are limits to the growth they can achieve. In the early 1970s, Forrester and other systems experts used this concept to model industrial and world issues. ... The per capita income per person in the DRC in 2006 was only US$128 per year, which makes it one of the poorest in the world. There are a few countries which have a relatively high GDP per capita for developing countries. 

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income.

A market economy allows the laws of supply and demand to control the production of goods and services.

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