Categories: All - security - efficiency - freedom - rights

by Amanda Huston 13 years ago

425

Economic System

The text explores the characteristics of command and market economies, using the allegory of George Orwell's "Animal Farm" to illustrate key concepts. In a command economy, there's a focus on security, stability, and equity.

Economic System

Economic System

Market Economy

People are able to distribute the income and wealth evenly to make something right and equal.
Efficiency
Business owners can fire people who aren't doing their job correctly, and hire people who will do their work right.
Freedom
You have the right to start your own businesses.

Command Economy

Stability
All people are able to keep their jobs and prices remain stable. In Animal Farm all the animals had something to accomplish and what they sold their goods for was always the same.
Security
When someone has made something, they are allowed full rights to what that is. Like how in Animal Farm they believe what they made should be theirs to keep.
Equity
People are all to be treated the same and it in the end they all have the same amount. Like in Animal Farm they all worked the same amount, and got fed the same in the end.