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8/12/2019 sistem kapitalisme, sosiolaisme
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DEFINITIONS:
SET OF CUSTOMS LAW, THE LAW RULES RELATING TO THE PRODUCTIO
EXCHANGE AND CONSUMPTION OF GOODS AND SERVICES.
AN ECONOMIC SYSTEM CONSISTS OF A SET OF CONTROLS TO DETERM
MANY RESOURCES USED TO SATISFY THE REQUIREMENTS OF
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THERE ARE 5 BASIC FEATURES OF THE ECONOMIC
SYSTEM:
PROPERTY OWNERSHIP
STARTUP COMPANY
ECONOMIC INCENTIVES
PRICING MECHANISM
MARKET COMPETITION
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TYPE OF ECONOMY SYSTEM
CAPITALISM SOCIALISM COMUNISMMIXED
ECONOMY E
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CAPITALISM Derived from the word capital (English: capital), which means "capital"
This system was introduced by Karl Marx
economic and social system that tends toward the accumulation of wealth by indiv
without government interference and seeks profit
Capitalist economic system driven by market forces in determining the production
pricing of goods and services, investment and income
capitalist thought this system creates an obvious disparity between the rich and theSystem contrary to this ideology was communism and socialism.
In this system individu will own the source and wealth without any distrubted.
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There solutionseconomic
power
there iseconomic
freedom
maximumefficiency
there arepower users
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misuse ofresources
effectexternalities
lack of publicproduct
monopoly powerexists
lack oflaborers
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SOCIALISM
This system is also known as the central planning system An economic system whose goal is to serve the society, is general, not
specific individuals.
Factor of production or economic resources controlled by the state,
individuals are not given the freedom to have it.
government is directly involved in regulating economic activity.
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Large scale production
As the owner of the factor of production,government be able to perform large-scale
production
Fairness opinion distribution
With the guarantee of individual rights a
restrictions on amassing wealth to a
handful of the country, the distribution
income in the system more fair.
Expenditure without rivalMonopolists (the government) in
production can avoid competition.Thus,
production costs will be lower.Low prices
give welfare to consumers.
Economic stability
Economy becomes more stable becaus
the planning and control by the
government.
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MISTAKES IN DECISION MAKING
Economic decisions are determined by a small group
of government at the federal level. Risk of making
wrong decisions is high, and this can affect the
welfare of the people.
LESS INITIATIVE AND MO
Individual's right to acquire the basic necnot allowed to accumulate wealth indepe
situation does not encourage them to co
and work hard
NO DEVELOPING TECHNOLOGY ANDINNOVATION
Without competition, new technologies and innovations can not
flourishing. This resulted in the economic system continues to lag behind
and do not grow.
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COMUNISM (SOVIET UNION) Introduced by Karl Marx as the final stage in human society.
Type promote socio-economic growth of a classless society based on co
ownership and control of the factors of production and property in genera
The system aims to integrate the management of all economic resources
Main idea was simple: Free the lower class from poverty and give the pofighting chance.
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IN ORDER TO LIBERATE LOWER CLASS,THE GOVERNMENT WOULD HAVE
CONTROL ALL MEAN OF PRODUCTION.
COMMUNISME IS A SYSTEM OG GOVERNMENT AND IDEALS WHERE ALL
ARE CONSIDERED EQUAL IN AN ATTEMPT TO CREATE A FAIRER SOCIETY
INHERITANCE AND OWNING A BUSINESS FOR PRIVATE GAIN FOR EXAMP
FORBIDDEN
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Fairness distribution,all people get
Economic problems rarely occur
Any expenditure activities run smoothly
Can provide the perfect designation and sufficient labor
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The freedom of each individual to progress stalled.
There is no competition between the public
People do not have any ownership of the resource
Encourage people to avoid work.
Collective ownership would not be efficient.
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DIFFERENCE C PIT LISME SOSI LISM KOMUNUSIMSOURCE
OWNERSHIP
INDIVIDUAL GOVERNMENT GOVERNMENT
COMPETITION
MARKETING
HAS
COMPETITION
NOT HAS
COMPETITION
NOT HAS
COMPETITIONPRICE
MECHANISMS
FIRMS CONTROL GOVERNMENT GOVERMENT
ECONOMIC
PROGRESS
FAST PROGRESS SLOW
PROGRESS
SLOW
PROGRESS
TECNOLOGY
DEVELOPMENT
FAST
DEVELOPMENT
SLOW
DEVELOPMENT
SLOW
DEVELOPMEN