Sentences with phrase «happens in capitalist economies»

Not exact matches

One of an economic nature, is represented by the general crisis of the world capitalist system that tends to lead the world economy to depression with the failure of governments, the crash of companies, mass unemployment and even the outbreak of civil wars and new world conflagration as has happened in the twentieth century with the 1st and the 2nd World War.

Unlike what happens in a market economy where the capitalists dictate trade laws, in planned state economy is for the government to take decisions about production and distribution.