Market economy

Disadvantages of dirigiste economy are:

• poor supply in shops

• motivation to achieve high profit

• sensible use of production

• development of businesses

Who played significant role in economic changes after 1989

• M.Rakowicz

• T.Mozawiecki

• L.Balcerowicz

• E.Gierek

Which of these belong to main elements of economic subject:

• household

• state

• businesses

• all of them

What was the system of economy during PRL?

• dirigiste

• communistic economy

• market economy

• capitalistic economy

What is the characteristic of market economy?

• running inflation

• market monopoly

• free competition

• economic interventionism

What are the features of market economy:

• dominance of private property and competition

• administrative pricing ; government property

• prices regulated by the market; lack of competition

• coercive management style; well trained management

What are the most impotant changes in economy after 1989?

• development of new state businesses

• fall of prices

• the arrival of banking and tax system

• fall of unemplyment

What is NOT the keystone of market economy?

• private property

• prices based on demand and supply

• competition

• tax system

Market economy :

• is in the hands of government

• sets prices based on demand and supply

• lacks competition

• sets prices by the state

Consumer goods&servive market provides:

• the state

• enterprises

• households

• resource market