Welcome to the 1520 Perfect Dictionary
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| State capitalism | |
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| STATE CAPITALISM Definition: An economic system under which the state own a very large part of the means of production. ______________________________________________________________________ * All six elements would be in. 1. Believed purposeful and necessary by the political masters to also appropriate economic power. 2. The acquisition of primary assets would have been done legally or lawfully by the state. 3. Wages, interest rates, prices, etc. would not be controlled by the usual market forces. 4. Private enterprises would be operating under very strict conditions and limitations. 5. Distribution & marketing networks cannot be controlled much by the private sector. 6. The state's buoyancy will not be reflected in the living standard of the citizenry. __________________________________ See perfect DEMAND AND SUPPLY. | |
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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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