Articles for tag: China's Economy, Chinese Economy, Economic System, Market Economy

Is the Chinese Economy Communist?

The economic rise of China has focused increased foreign attention on the nature of China’s economy as well as the guiding ideology of the ruling Chinese Communist Party. China observers and critics often use the phrases “Red China,” “Communist China,” or “the Communist Chinese” to refer generally to various aspects of China, including its people, ...

Karla News

Singapore & America: Economic Systems Compared

The Republic of Singapore is one of the nations which has left a deep impression on the world by its rapid economic development and high standard of living. This Southeast Asian country is the most developed country in the region and is considered as one of the four Asian tigers including: Taiwan, Hong Kong, and ...

Karla News

Freeganism: How to Get Started

Freegans are people who have decided to opt out of the economic system as much as possible. The goal is to buy as little as possible and decrease waste. Every time you buy something, no matter how careful you are to make wise choices, you are supporting an economic structure that hurts people and animals, ...

Karla News

Capitalism: An Economic System

Capitalism is an economic system that began in Europe at the collapse of feudalism around the 16th Century. It was used by the early American settlers prior to the American Revolution. Upon the formation of the United States (1776-1789), Capitalism was the chosen economic system by the Fore Fathers of the United States; primarily because ...

Karla News

Socialism: An Economic System

Socialism is a term that was coined in the late eighteenth century. Robert Owen and Henri De Saint Simon were the first to use and introduce this term in order to bring an understanding of another economic system. This modern concept was viewed by Robert Owen and Henri De Saint Simon as an economic Utopian ...