Countries in Africa and Latin America chose to end many of their planned socialism projects and focused on private enterprises. The West's focus on market economies and privatization ultimately influenced other third world countries to abandon their communist and socialist systems and adopt new methods. ... It also examines incentives, mechanisms for providing information as well as the amount of control and income participants of a system have. ... Two types of problems that could arise from the lack of organization are technical-administrative which refers to one's incapacity ...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

A major reason for the rise in economy of China had to do with the ownership, "The reforms also gave greater room for private ownership of production, and these privately held businesses created jobs, developed much-wanted consumer products, earned important hard currency through foreign trade, paid state taxes, and gave the national economy a flexibility and resiliency that it did not have before," (Khan and Hu). ... The Chinese urban middle class is broken down into five sections: party and state cadres, business managers, private entrepreneurs, professionals, and office staff (...

• Word Count: 3320
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

Capitalism proposed an economic model in which private individuals and business firms carried on the production and exchange of goods and services through a complex network of prices and markets. ... Soon after came the invention of the printing press, technology which allowed for the efficient transfer of information. ... This spread of information made it possible for the people of England to organize them selves and to expand their knowledge in different areas of industry. ... It is a social system based upon private ownership of the means of production, which entails a completely uncontr...

• Word Count: 2880
• Approx Pages: 12
• Has Bibliography

Communism, at its most idealistic base, is a contingent of gown up responsible people that have free access to information and can therefore self govern, except for the transitional period required for the establishment of the required infrastructure. ... Unfortunately, the communist ideal only works in either a total global domination situation, in which free exchange of goods, information, and technology are not only possible, but are indeed the goal; or in an isolated system, with no inputs and no interference. ...

• Word Count: 3463
• Approx Pages: 14
• Grade Level: Graduate

The information that Marx presented was groundbreaking for its time and is still being utilized in contemporary society. ... Capitalism is "an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market" (Hall, 2001, pg. 13) In this work, Marx focuses on the structure of capitalism and how it effects labor, and in turn, class systems. ... Communism itself is defined as "a way of organiz...

• Word Count: 2958
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

Communism is based on the ideas and teachings of Karl Marx as modified by Lenin. At its most basic, the ideal of communism is a system in which everyone is seen as equal and wealth is distributed equally among the people. There is no private ownership. The state owns and controls all enterprises...

• Word Count: 5545
• Approx Pages: 22
• Grade Level: High School

Communism is based on the ideas and teachings of Karl Marx as modified by Lenin. At its most basic, the ideal of communism is a system in which everyone is seen as equal and wealth is distributed equally among the people. There is no private ownership. The state owns and controls all enterprises...

• Word Count: 5545
• Approx Pages: 22
• Grade Level: High School

Communism is based on the ideas and teachings of Karl Marx as modified by Lenin. At its most basic, the ideal of communism is a system in which everyone is seen as equal and wealth is distributed equally among the people. There is no private ownership. The state owns and controls all enterprises...

• Word Count: 5545
• Approx Pages: 22
• Grade Level: High School

Proposal Type of study -Overlooking contrasting approaches to a historical personality, issue or event -How has history been constructed and recorded over time? -Why have the approaches to the construction of history changed over time? This essay was originally to deal with debates regarding Soviet Russian history. This sphere of interest became more specific and eventually led to a study of inconsistencies regarding historical justifications of Khrushchev's dismissal of war hero Marshall Zhukov. However, while a variety of sources were available regarding his Western counterpa...

• Word Count: 4647
• Approx Pages: 19
• Grade Level: Undergraduate

Karl Marx Karl Marx was the greatest thinker and philosopher of his time. His views on life and the social structure of his time revolutionized the way in which people think. He created an opportunity for the lower class to rise above the aristocrats and to fail due to the creation of the middl...

• Word Count: 2995
• Approx Pages: 12
• Has Bibliography

Even if the economy has been on a rising trend ever since 2000, and positive results have become apparent at least in as far as the macroeconomic development is con-cerned, corruption, legal uncertainty, excessive red-tapism, the underground economy and the very slow progress of the privatization process remain the major impediments in the way of a significant economic upturn. ...

• Word Count: 6376
• Approx Pages: 26
• Grade Level: Undergraduate