ECO 406 COMPARATIVE ECONOMIC SYSTEM

THE BASIC MEANING AND DEFINITION OF THE ECONOMY

THE INDIVIDUAL HOUSEHOLD AND BUSINESS FIRMS

THE GOVERNMENT

Factors of production

LAND AS A FACTOR OF PRODUCTION AND FEUDAL SYSTEM

LABOUR AS A FACTOR OF PRODUCTION AND EVOLUTION OF SLAVERY

Characteristics of Labour

CAPITAL AS A FACTOR OF PRODUCTION AND EVOLUTION OF CAPITALISM

Characteristics and Importance of Capital to the economic system

THE PROBLEM OF SCARCITY

CAPITALISM AND ITS FEATURES

SOCIALISM AND ITS FEATURES

COMMUNISM AND ITS FEATURES

MIXED ECONOMY AND ITS FEATURES

MARKET ECONOMY

Characteristics of Market Economy

COMMAND ECONOMY

PLANNED AND UNPLANNED ECONOMY

PLANNED AND COMMAND ECONOMIES

CAPITALISM, CAPITALIST AND NON-CAPITALISTIC MARKET

CLASSICAL AND MARXIST THEORIES OF ECONOMIC CHANGE

ALIENATION AND FREEDOM

THE ROLE OF THE GOVERNMENT

EVALUATION OF MARXISM

ECONOMY OF USSR

THE COMPONENTS OF A COMMUNIST ECONOMY

ECONOMIC PERFORMANCE OF THE FORMER SOVIET UNION

REFORMS OF THE SOVIET COMMUNIST ECONOMY