What are the three major mechanisms of a market economy? What are the three elements of market mecha

Updated on Game 2024-07-09
4 answers
  1. Anonymous users2024-02-12

    1.Planned economic system.

    Resource allocation in a planned economy.

    This is achieved through **administrative means, i.e., orders, directives and decrees. It is in this sense that the planned economy is also known as the "command economy".

    The main advantage of the planned economic system is that it is able to maximize the mobilization and concentration of scarce resources in the service of a number of clear national objectives and to meet the urgent and overriding needs of the country, such as the industrialization of the country, the reconstruction of the post-war economy, and the wartime economy.

    etc., so that the allocation of resources throughout the country is in line with specific national goals.

    2.Market economy system.

    The market economic system is an economic system that relies on market means to allocate resources.

    The main advantages of the market economic system are that it provides people with opportunities for equal competition, promotes technological progress and institutional innovation, and improves the efficiency of resource utilization.

    3.An economic system with Chinese characteristics.

    Based on the advantages and disadvantages of the above two systems, in terms of resource allocation, China has neither adopted a simple market economic system nor a simple planned economic system, but both. This system is conducive to promoting the development of China's productive forces and the rapid development of China's social economy.

  2. Anonymous users2024-02-11

    Market mechanism: It is the realization mechanism of market operation, and it is a mechanism for regulating economic operation through the fluctuation of the market, the pursuit of interests by market players, and the changes in market supply and demand. The market mechanism is an organic whole, and its three elements are mainly the market mechanism, the supply and demand mechanism, and the competition mechanism.

    1. The first mechanism refers to the movement of the organic connection between the changes in the market of a certain commodity market and the changes in the supply and demand relationship of the commodity in the market in the process of market competition. It reflects the relationship between supply and demand through market information, and regulates production and circulation through this market information, so as to achieve resource allocation. In addition, the ** mechanism can also promote competition and incentives, determine and regulate income distribution, etc.

    2. The supply and demand mechanism refers to a mechanism that affects the combination of various factors of production through the contradictory movement of the supply and demand of goods, services and various social resources. It regulates social production and demand through market signals such as market supply and demand for various commodities formed in an imbalanced state, market mechanism and high-tech industrialization, and finally realizes the basic balance between supply and demand. The way in which the mechanism of supply and demand works in a competitive market is different from that of a monopolistic market.

    3. The competition mechanism refers to the inevitable connection and influence within the economy formed by the competition between various economic actors for their own interests in the market economy. It regulates the operation of the market through competition or non-competition in accordance with the law of survival of the fittest. It can form the vitality and development momentum of enterprises, promote production, and enable consumers to obtain greater benefits.

    Extended information: 1. The market is one of the various systems, institutions, procedures, legal reinforcements and infrastructures in which all parties participate in the exchange. Although parties can barter goods and services, most marketplaces rely on sellers to provide goods or services, including labor, in exchange for the buyer's money. It can be said that the market is the process of establishing goods and services.

    The market facilitates** and facilitates distribution and resource allocation in society. The marketplace allows any tradable item to be evaluated and priced.

  3. Anonymous users2024-02-10

    Summary. Hello, the mechanism of market regulation includes the best mechanism, supply and demand mechanism, competition mechanism, risk mechanism, and incentive mechanism.

    Hello, the mechanism of market regulation includes the best mechanism, supply and demand mechanism, competition mechanism, risk mechanism, and incentive mechanism.

    Hello Xiaosheng, the main content of the market mechanism: the market mechanism: is the realization mechanism of the market operation, is through the fluctuation of the market, the pursuit of interests of the main body of the market, the change of market supply and demand, the mechanism of regulating the economic operation, is the organic connection between the supply and demand, competition, and other elements of the market economy and its function.

    "Market mechanism" is the core of "market economics".

  4. Anonymous users2024-02-09

    The operating mechanism of the market economy is first, supply and demand, and competition, and the socialist market economy emphasizes macroeconomic regulation and control more than the general market economy. Therefore, it has more operational control means such as plans, policies, and regulations, that is, the visible hand and the invisible hand cooperate to influence together.

    The market mechanisms that exist and play a role in any market mainly include supply and demand mechanisms, first-class mechanisms, competition mechanisms and risk mechanisms. Specific market mechanisms refer to the specific and unique market mechanisms in various markets, mainly including the interest rate mechanism in the financial market, the exchange rate mechanism in the foreign exchange market, and the wage mechanism in the labor market.

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