2.1 a Free Economic System (Free Economy) or capitalist Capitalism)
This is a private economic system as a means of production is the owner of freedom of speech in the economic activity, the government will not be involved or interfere with the operation of the economic activityTherefore, it is a private decision to resolve the problem by using the basic economic system or market price can help to make a decision on whether to produce what was produced?At that profit motive is the production of it, the economy is very high and the competitive price is free because the price is determined by supply and demand, and the supply side of the market
Britain is the first country that use this system because there is a thriving business and industry, and the people in the UK before it was a career in terms of trade has long been used by both resources in and outside the country is a colony around the worldThere is a freedom to choose the consumption decision in the fundamental economic problem will be made through market-based competition, the prices in the market will be a measure of the demand of the society
The principles of a free economic system in a free system is the main important enough as follows (branch Sukhothaihammathirat Open University liberal arts 2538:57)
1.) The right resources in a liberal economic system or accept that capitalism is proprietary to let business unit or private ownership of property, and factors of production.The real estate sector of their
.2) freedom of assembly and the individual and group of people that is the organization or Business Unit of freedom of speech, there are plenty in the integration process is to any of the factors of production and the properties of their freedom.3.) It is the profit motive in a free economic system which is a part of the profits are coming from the increase in investment is a very important motive for the manufacturer to produce business unit will focus on the new techniquesIn order to get the highest profit consumer goods will be based criteria for the selection and service that will bring the highest satisfaction with the payment made by the comparison of the products of their own needs. ค่างๆ
4) mechanism of price a free economic system is based on the price issue is the judge decided that the production, manufacturers will produce what is how many see it as the demand of the various kinds of products paid for.If consumers want to what kind of products that will be used for the purchase of goods prices will be very high even if it is to be purchased, when it was a thrush, manufacturers will be PM capital goods production capacity of sales, make sure that it, of course.The amount of how much free price in the economic system, the identification and control of economic activity within the system until it is said that the prices of consumer products manufacturers to show that only the products consumers want to
5) role of the State Government a free economic system will not have a role in the economy, the state of the justice system and the prevention of a country by the government will be a support and facilitate private sector or third party products and servicesAdam Smith. And put some of the State as follows:
Thedefend the country from the invasion was not used by any form, both within and outside of the country in
protection, citizens are the injustice or the oppressed them from the actions of its citizens.
to create infrastructure facilities to the public for various
advantages of capitalist economies are as follows:
incentives occurs because of the work done, and then have to manually
because each manufacturer must compete with each other and sell products and services, most need to improve production techniques, quality of work and the quality of the products,
manufacturers have the liberty to make a decision on whether to produce what production capacity, the amount and what
how many consumers have the opportunity choose consumption goods and services at a price that most fair
disadvantage of the capitalist economy has a defect in one of several ways:
make the distribution of income of the people are not equal because people in society as a property is not equal.The property has a very small income from the properties of their seeking more opportunities to create the income disparity of a person in the society, it is very much a man, if there is more property or called "Mr." is a person who lacks ethics.As a result, there will be significant pressure and the
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