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Image sizes: 256x256, 48x48, 32x32, 24x24, 16x16 File formats: BMP, GIF, PNG, ICO ![]() ![]() ![]() ![]() Tags: icons, icon converter, my music icon, aim buddy icon size, docklet iconsTABLE OF CONTENTS Part I.Ten main ideas of an economic science Stimulus influence behaviour of people It is necessary to pay for all Trade is always useful Obstacles harm to trade Incomes are defined by manufacture Four sources of growth of incomes of the population The personal income is compensation for the services rendered by another The profit induces business to work on public welfare Principle of "an invisible hand": market prices direct a personal interest on General welfare Neglect by-effects Part II. Seven sources of economic progress Private property: people work more assiduously and more rationally use Resources when the property is private Freedom of exchanges: the political measures interfering exchanges, constrain Economic growth Competition: competition forces to use with the maximum benefit Resources also is a constant source of progressive innovations The capital market: that it is rational to use the resources, the country Should have the mechanism of a direction of the capital in effective manufactures Financial stability: inflation deforms price signals and undermines Market economy Low taxes: the more means remains at the disposal of people, the More they make Foreign trade freedom: the country wins, selling the goods, which Makes cheaply and buying on this money the goods which it to make Expensively Part III. Economic progress and state role The state protecting the law and order and giving the blessings, which The society cannot receive "in the market", promotes well-being of all The countries, BUT... The state - a plug not for everyone flanks. It cannot be It is used for correction of all lacks of a society The price of the state taxation Groups of interests can use the political mechanism of the state, To gather tax bearers and consumers The state creates often budgetary deficiency menacing to economy Redistribution of means of a society by the state promotes them ![]()
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