The budget will respond to issues in the housing-related areas of supply, demand and regulation, says a government source, who was not authorized to speak publicly about the plan ahead of its release. How Economic Systems Compare In comparing economic systems, it can be helpful to think of a continuum with communism at one end and pure capitalism at the other, as in the following Economic Systems Figure.
For example, when a commercial fisher brings his fish to the local market, he has little control over the price he gets and must accept the going market price.
By contrast, Venezuela is a country that has moved increasingly towards socialism, taking control of industries such as oil and media through a process called nationalization.
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Central planning allocates the goods and services produced by government-run industries and tries to ensure that the resulting wealth is distributed equally. It can also help you to identify opportunities to generate more business with existing customers.
This type of information provides the context you need to develop a profile of your market and industry. What's the bottom line? However, even the provinces that are self-sufficient must still move petroleum products over long distances to supply all of their customers.