Welcome to the 1520 Perfect Dictionary
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| Planned economy | ||
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| PLANNED ECONOMY Definition: An economy in which production, prices and incomes are decided and fixed by the central government. ______________________________________________________________________ * All ten elements should be in. 1. Purposeful - even if only the government knows this while others consider it as unnecessary. 2. Central government is 'legitimate' (to emphasize). 3. All the factors of production are under the control of the central government. That is, no dependence whatsoever on foreign or external aids or inputs. _________________________________ See perfect SELLING POINT. | ||
| Below the Line | ||
| 4. Productivity in all sectors is at optimal levels. 5. Costs and prices are acceptable for producers (= farmers, factories and manufacturers, etc.) and consumers (= buyers, users, exporters, etc.). 6. Income for a worker and/or employee in this economy, is a real 'take-home pay'. That is, wage is not a pittance, but enough to last till the next payday! _____________________________ See perfect HAZARD PAY. further below the line 7. Economy does not experience serious industrial disputes that will negatively affect the citizens standard of living. That is, those connected directly with the production processes cooperate fully with the government to guarantee stability in the system. In other words, there will be no shortages or scarcity of goods and services. 8. Economy, as planned, booms or is buoyant (connect to #7). 9. State of economic progress or stability lasts for long spells and any break or decline is usually far between and always short-lived. ____________________________ See perfect MARKET (7). much further below the line 10. Economy that is forcefully controlled (= planned) never bursts! (Connect to #3 & #9, to emphasize.) ________________________________ See perfect PRIVATE SECTOR. |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |