Ch-4,YPES UF EcONOMIES

/Iwp2M
9DehiaCopiBalibm, Soiali»m And Minas miked

enenMyA knpnsnana tnte príeene /Ma -g)

aAe ustermet c
ACAPITAL*SmA Capitalim onoMr a n n
Tnshich podutive TOGMcOs ate T e d y
poirate indiuidals whe we Jhux weuncy h
Qan prts and in which ha Atoti intrnrnfion
minimuum hat 2 cenomic acksits ox
mety unplannud and ncoshdinatod.
c o r y 'sta Ruwaia

SocIALISm - Seialintic econemic 3stm is dokinad

a an 2oromic g e m n cohich he Muans al
pueduction ase ewnad y the ntoe 3eáby and
opatod Ju the puwti autheity acsding te
gengtal Donumíc plan tst ha Jtnakt d fh
n t e ComMunity.
MxED E CONOMY -

A mixed LLonomLY d arD

SmOTMA tich cComlsinus olemunt ot Uot h

Coitali ard 7bialist ConomÄL
A mized
wLonoMy chaolaLUUes J
sisLre bet u
i a e edr and Ph
2 p l a ï n he hava ctuitics er estuus o capilalim
SedaliH and mied 2ccnem- D
A
FRatwres Copitolism
ECenoMY
Sedoli>m
tConory MiAd ELunamy
Poiunte Factes o Facts e Co-astene a
and
Porupety PXedudion aepreductiorm ar
úvati
ouwtied y he pultic Atet.
uate hdiiduah u nmnt
iPadic Sects
1 The ights apsents Jha
pPlethe pat of h e
eidded o n o y hichhi-
i a t y ard Jh oRInatd and
oUnMant. managed d the
Stat e he
oUunmant
ii Lawr oînhsitarke
p e v n d e s arn
apuANt) Jhat
ncenie ke
Bcuwing in the po Rtonm
Con orv This shih qparated
pometUs Capita and managed
oumation in fhe ypati

LononMUy individuals

mpstiion Buiness s ompetitionis The puubAic

Cartid onyîn liminated and SLÜEM COTmpetitE
pit o ae eliminate
ofan mRË a

ushoe pRe lade Copaaticn and a it s

muhal qceduill Codueled dy
ptail n i gteoMnt.
 a b w r g C o p i t a l l s m Sedaism
E OnCM ECononY
3.Free dm lhe io Thae is ne
Cupl
Redor aChoicd erepkted
dhoice Je ita las pecple cembuma t h Suptrsl
Ahe poedudts whdh and
pTedu . g& OMintacuentaliii
deim
4-Motue Busin Sedal uialkate
Puicete
metiatid
uit
Prtmetivre
eautmdtiiating . y8ial wellee
Behind al the
o ConDmuc adh i metivatod J
9Ddalnt t t
asauu domiraod i a dlanat
n seiation. Jh TriatD
btuwcar Jhe
PUratu and
uuttic edi.
5.Pice
patuninatucn quedb and
the qeuenmont datmiingd Jry
otarrnined Jy
ebvunmant.

Asmand ply
datormnad Jy
modkut
6 Fso2dm Csnumu ts
onuMw the king in
aeutunrment Freudom
upi
Capilaliim. entitad Inthu
He daide, ha Coe e pultic
pLedutushich
ceOUmN TMSes Nabucio
Tohenttrpst
Cheice padnc sodoy Fted
ConaiMpticn+n
hatuto Conumol
LAaturs tCenomy Sosalim
EConem MAXed E Canem
pto dted Tn
Caeopivats
sectn

Lis
Roled Produan å a oBynmnd plaus enmnl pl
educ Capain h e
Tnduwtu podusTA.
Tndiuiduol
Gt oitene 16 h t túvote et
SeCeqhes in
Shz
a m Thue Captoï ot
n»

O t apart ndutu. SsTtr

ha Sediy
C l a s T h e e asce tuwo Thaxe Ts nedas
hhtion.
Clasoteranca
a e aducad Jut
CataliM
nct a clalass
Caitalist
BThe kingla H peuideh aqual
pernittusto all.

amp
USA,UK, Chira, ulra
Eane Aotalia Vitnam
India
and oth Wutun
Euap0on
Crbu.
o Rde inimum
Fmp Tnt ene plauy a ital on impetant Suel
aTMunt eUnMant n
h elonoMic
ativiis. THpect a Rt it iausa
ina Min+um trle tn
i r a t e ectet.
Jhopecducion
donce qoda
JiR Managemint
eatweCaitalbm ial
tCntMy EConMA
Coitali>m ECenmi c plannn|To atiuit
PLarninq an nplannad an ANANia Aanngd t t
eabe o aads Ji
aIIMunhal

Athetitp a k
T t e d Tn the
eduion
e
uu itenms. unpornwd Or
aJlecatien et
Since the
Connumus Choce. nvekmant
e . MRIt s
MNPuma, the.
P ioy mie d Tn capitali
osbuAs utilized E - n d i a
Tn h peduicn
i e Conunma.
The o i ms So HaSsteas
T a ntuS
OO artided e
Tndsa
liminalo To

E-Uk A E-Chiina ,udra.

O.Sn.
 wp3 Llot 61l
DLtoniato Jetxon doulgan ard douclpeda
ecenoMY

DLodping (eunba Deceped Ceuntis

.Lee pn Eapun înceme Highpsr Copita Tn comn
22estondand o Jiving 2Hgb Aordand iing
3. anca o uidupuad pevoe. Lexs +n cidsnce e petxty.
Large înequalEto u Leurnastw Tnaqlalitis.
5. Prradrminang a aqiultue s. A lage ppertien lalseur
a a e n a aa mant. hnce Aopends on manutau

6Hiah ccnteilution 6.Higro Cerdubution d

O9gi uJt Tn nakienal Tndinialist Aai ce2

THTghe qeth a t i
pdoion PPdatior

High wrl nmplemont 8 Ls lud ahinomleymnt

Lw aati of uing capital q.High Sab a bawing
%
.
Cap tal maticn
kematin
10- Tnodequate înkiaaiuudura lo.Suulstantíal tnnatsuctin
aiioD.
1. Ue df haditirad & lus 1 Ue oMedisn2adirote
achniqs apeduution.
edution.

2. Posn te alkty eBaar quality z human

12.

humon eapital , lew Htooa Casitalhiah t a u

J r l l aeducaH ahs, highm l
aho, o A cation, odequo

tadth nadtquoate aualalAity d hoalth

rulalii &hacut und antcuion ciiriu.
taiiis ard pe antakie
 M CapDAMOS
pemiub Vubt
Mi MOE and domais acpi tanm.
AMERITS OF CAPITALISM-

1. Spiut Entwpise '. P t mtir has TnuP

the sprit o n t u p i A arveng Jhe pedur

Pouottha metivated ho preducss us J i

Thmpievema in preduction' activitio and co
coTnpu
with tho preducst
2 Tncntiut to tandogical boq . omatitien
nceuioged Jha podLcw J Thuenk nou îm
Mthed opodinction ard peaduda.

TAPETco Tn h e met s l i ion a o uduuu J

cot s wduction ar
am cptiuum a the arailta
th mini Murn Tata3E Simiarlu, utkyu R
rottstficiantly do 2u gh încatme.
4 Tnentiue Fen Cailal Fetmoaima: Th înitJicnd
p p înhttence ncesq tha halit
rinq nuotmant. Ths w FWlt Tn ighin
ui cap+ maa and 2conUm aeu
5. New Coum1 GuwtdS: lhe dusine to 9arn s t
h a Metieuiad he ptduccot ts psduce r a
VOúity (d . Compatition haYmprred d
qaut hz old pedia
6 F l e i t t y and adaptatiRty : Cagtalim tob

Lall soduhn, nts iodS

apodüciorn
Chon ging Conditim and AnGMon tand n a
qaetnMnt
1
AutomatiL k i h : Autpmoh o oq icnir

he prbducou, fn i n dhs Jrof prdom.

d9 pbduca.
edprr. Jys r)asri7
E cencmiC treedm Ths

oomtitub Jh Jro ri ccaptoli

ip ont

T n u a r e în peduHi and 7Aondoz e Ji

Tn ho catalita Courti. snia A+o
Pexplo
Tnm highan Aordond et living , mu Ju L
mou R*JUU.

Eyon as, of cor1tabr,t CHrtw, a u UA,UK,Jopor

Intunaicra) TraJu. Tha caritni

10. Erpar3er
eiiiis tTmiC uUm adutcaty Dat
duesr nio,. Thi as ului ir tsratrnd
J a d oard Itorsed olsos Conormíc i r a t i t r
hu, c0Iloust 2cNCMI a g drmi rr

DEMEIT OF CAITALISO

udy hi trn rip), iathyh1 Jror

2 Waslu e Capita lit
Pzodaxehon
T ca.

ytam peducficn
is Jroschilt te TiN

up oftsal). Seme
Seme malfeds d d u fic n dirax o Jr
d h u dicevo n o s ard JH rmstb
tTbduin ord hoprure a cM t

Jec aue o stus Mmlbrd

inPduco qe in to 9y(DSt aclyotisMLnir
oads t ine
d t to pub up kalsThib oads n
in Cest 'predutions Jo undin s i
CmConum
TU Plont capait maïr3'unduEed dua t
C theat compati tiob
3.Emastgence o Manpe Px- Merapit n
O p hi hp Conumod Ju Chol aing hig
pu2 by rsirctia epud. fhus hu aru
pori mal mal diiilus ion e edutivr
ueB tononbutior ot 2cnomic and. pouthca
4 Negfad ot Soial vllt -

>rdudion i

o rudud.
rpal)}i, nceme 1eallh -Tho min t t

Je om0 >uChg and ne rtt hcwt

JLUMe Paiu1.
6 Chos Stuggla -Coilal nstu nbe
Afuidad ante dioo qgP namo pitnbl ard
R o , ho hoA 'ard haue-n ' , ha irh
and the po. Thar is Conar ba'a JAan
J h uos pups ro m ot sika, Jsk- ou
etc
T. Ecenemi c Tstaility. Coqitals HC erenty r

QcCnomio "invkaliity Jecauj oro j no

uad o
ceehd nafîng agen, Jhau.
i2 ce alsauys
pedilty o Ddu tian eurcdunEuha
nampimant and
Jooms oand dapason, +nklaticn
ard uHn.
Jandfna to human m u
3Domirnatien of Eonamio Nalws I ha rwudtal
metal aligicu
fn udfnation human, sedoal,

has lod y MumrU

merutay many allua

pathonas and omillie peblame, uuch a

nceaasd divtra rd
diwpicn amiy
3 L u d and MeU (eUAs, Thue T a danqn c

o n econ ng On economico rt

9b typloin Jhg m i t ard a g i i s otcili m

. MCRTS OE SocInLISm

I. 12 n AUpcatien c 2 n
-

RAoUU a

fnoyimihion d .a nl wtate.

d Cntal. plorning ouheuhi

 liminall dno Uaiow
iSoalist econemy
Jike axprdi t
owaage o U`OUM O
aducttiemant
2.Full UElisaion ot RUOUS opimu uüi
o tho awailalt Swucs i% deu Ju the.

ufilied and unaMpleunnt t iMindd Undgh

ecilim
3.EquitaA Diuuhon nuoma - S e i a l s

stalhus sqolitaian 2bit. Hmaons

an

a l qtpedunitus o al Tu he a co
4 Pasiian o0a kttuSedal RAity
h Ja>AU Laiutt Thus
do oa2 aheTng, tduation, uR
eicms, alc. Otu
puida Je al.
S.Büinatio of e coromi irusoui
Jso, ov ALL&eCnct
-

nkur J cantuul porri aulful

oUnSciAtn& anb

o on

h e wk Jvenak
Ranping în mid etal
eNTe
1nUwa'e fn produ cRve Ettin Soii>m n ) 3

ighn podu ciue k n y dno to h loin

iA ae peui ded js
to all
Eaal Fetnitiz
i No EI piitotior all oa pdridad 3oil e u i .

Fal i loion e fho kiesacto

viThis la ctss MBtívat tha t k , to twTAk JA

g. PreducHon of m@e uRI qods - Gaunmant

Simpsdanc I ho pedudfion D Jasic
nacesitigs and cOTmmBdi tios a mos ConuM ptiOn
3Uch atod, h a l , dsftrete. STmily
the tot1 mphaMs on dhe poductiorn d3eTal
9ceds uch as drinkinq tsakan Jeadus aus datence
8uiCs.
.Raid Economic Gat6 ertal plonning
authety plons iha ntbe c sociatu) ALonamy

Se aailaRa n are fectiuely ucd wkh

anurs h a n The rati o a u i
ond fhuotant ncuows laadre to highan
capitc mobior o Jha sstateis alti to
pidaJorge knd h tackrolbgtcad deckanch
Jo Jing about tmputmant To Lechnalequ.
 DEMERITS OF SocIALISm

. Les Tncentives-Alnition pairat

coentophue Compakiion JuduL ih

to k . MeuO, otattte Jtauwautah.
Lack intitfatiie ond dbiue
2. Los of Conmoi Foteadom CUUQTarity
Comumus au dantes Jho dhoite
Omen dh
uaúrtis dgcod
Cowuumws qt andy Jhee qosei hich t
Canbial plonnine ouudheiHo dedd Üo
prDduu
So, hu coruumw s ne Jenge a Rne in
sedalism The preduytS
.
ae ne Jongi qidad
3Let o Fraadom
-Tha0 ine Hirdo anopuy
Jna se dalkt ACono ha edom of eccupah
U altan. Truu s no
dsm a paich and

Th n the olsene o Conomfc

pRopl a net oblo io Odom,
adem,
noy Uil and potitical
D dom
4.
onuniafier Econbmic ond
odal Power
The Gur mant bo asolut
Conuu The odoMbe dttsütyJ jn thi
eed
JuuU LB a e ostE
Ju he
Guueomunt. Ecoomic. activiB 1
o Cn*uARd and diw ted
Thi inoo). ho Jb Jhe Geutknn
pO aa
individuol o, Jhore quvounment 7
nandl poi tiiang rotyypssiUility
a a
ale Jruauoats
peusN. Thus, etast onjouingOLenemiis ha
 Jecome autheütatian aconormis.
t
sDihhicultio Inutued In he RaHonal Alecation
RehoutRS - Thxs n e paop Jis d cot

caladaon a huin i s no and cotmiie

mauRar kacet»
matkot produfcr.Tho Priua d
Cannet Je datorminad
Jh a e s o pbcucion
to haue a iat+ona alecakion
it T dihult
Aera J a >odalit 2cenemu
ol
o
6. Les E6an The hrciiny Jo dua
the oleuwing asorUs
Tnantibe de metiirate paple
Thwa no popen
te k hand and fmpot fhir inc.
ne Tncentiue t i Tnnevute nau
Sfilaly,
mutfteds a pbdudicn,
achuitus
111Tho TndutÍAS and athon eLonOmic
a u managed Jy
Jouwlawrads Beauotay .

Jaads to tad topiam dalaus în dadstona - makne.

ound ceuption.
1 Loephols Tn he plannïnq Pceus Faulty
parning mau ate Jrt due to fnadaq uate Tnlemati
gording Jcënofo c , preclaction a1
U a i u o c > farusio and paeance a fhe

oniamous shich moy stand ün he csa

ef bmoeh plamiq an po cas.
 ha m i t a and
domeits of m
6&Eplafn
Con emtc
MERITS OF MxE D Etonom o R O e i U
A1-PrOpAN AUBCaTon D EConoc
EON

planrine
ttitrd fo he Jbut pAiL Cway Je sr
ra and pultic sesth Roopin n mird
uctal Tntwwt h o c o n y
2 Adrontaaas e ho Matkut Systam - Amxe

LCOnoTyha al the adantaaes ohe mak

CCapitaltm economuy u h aspúva psopat
Tn.hwitant fght, ompeitien, poit metie
pTc Mechanim , ka2dom e t c . TTIhe pamnu
oueunrmant ina mixed RConem e n O h a

odurvue kt a thae tnsitulfons aru

T
n d chak.
3- Chack n Comcanttoaior of EConom+c Pease

alities Un Jha dituibuion ainuome is

Rapt und chack Joy ha qpucomant huoua
he w af prgOi taxätion. The QtUUunmori
purTids qal FPEunitiy
to t h popl
4. ECTnom ard piticd FRR dom -

Corumvs a-

CbisumQ
ha
occupat+onb .
At fha some
tme ,mixed
entri c aptom alos d l and
PusJrm i o n a poiical
pitplo
5.Econotnic hoJiit. TTK e
coromu t i s
awtid up ond duor en ho
conomy h
heA
euh

plannine and tae

nequlaion. It diminati
eoypo dution and undnpoducfion.
. Rad Ecentc DarePpMnt -A mixed Rccnomy
wcb ho comlbinad Jesou and anhq s a
Jh pivoi and puti e i » ponet
eoDomic davelopmint Puic ounvip
Odutiue uwm TD JhateccneTní
ae ach+aured i h eial iufce

DEMERITS DF MiyED EcONoMY

Posn Pohotman a ha Halic Sectoh P u i
te o kuom Tnekiac lazth, ineiare
ard ud tap+m. Tho pUiLa d *ha Indio
LoNmu Jbeat testfmony o his kact
P i r a t ectoi may e
Lnekki ent opwation
-

2
duu to 2xsive
Je alsa ts undfion e ctiuely
.Pulic
Contut and faqlati tn tho aotttnmant.

may net btepaing t i n t y

Jecaue
e
olaR ÍniHativt and JOponsilGy a

3. EUive Requlation -Tha qeuvnmant may

JKR to uuato ha púrat echs ina
WAIve corduy JiR montay and c a l
udoions, ThueI+Uie coribels mau le come
inonuian+ant UR%Ome and may omoti
Conomic fnthiiy
4. ( n t Jetuar tho uwo Sects- A 3eieus

hdttomkre of ha mied conernc stum s that

J+HDin9., CUiion and non- too(ahation (na
Jak loa Jeheorh v a t and pulte ectoh.
n uh a ituation misut and noT Ceoptatien
takes place Thi ma net hakp ho bmoth
uncioning ihe mixad eonOMy

Shett lird Naluu -

D ha udic e)
pards and Jaks eer the pirat 2Te
ihan în CeuUR o ime mix.ed LConoMy Ma
,

JecoTe a eda 2conoy Jrut or h thu

hand
irate ects dominats mixd 2unr
Je Conwvted te epitakizs- capitalit
2ConoTMU