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The Planned Economy VS. The Free Market Economy
The Planned Economy which is the economy that the government "organises" is very different from the Free Market Economy where the private sector is in charge and owns firms etc...
The planned economy is better in the sense that people are less stressed due to not having to worry about their next meal or other, due to the government supplying their basic needs like housing, medical care, food, clothes, education, a job, so nobody is unemployed yet all get paid the same amount more or less. People are not paid very much, maybe 3 dollars per month, but it is all that is needed, countries lik…
- Free Trade versus Balanced Trade
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- The Planned Economy VS. The Free Market Economy
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