Economic Systems

Socialism
An overview of socialism, its principles, historical implementation, and economic frameworks.
Capitalism
An overview of capitalism as an economic system characterized by private ownership and enterprise.
Corporatism
A concept of a political economic system in which economic decisions are achieved through negotiation between centralized corporate bodies representing interest groups.
Exchange Rate Regime
A comprehensive overview of the systems by which exchange rates between different currencies are determined.
Federal Fiscal System
An exploration of the fiscal system within federations, encompassing the levies and expenditures at state and federal levels.
Free-Market Economy
A comprehensive overview of the concept of a free-market economy, where economic activity is organized through free markets without central direction.
Market Economy
A comprehensive examination of a market economy, its mechanisms, and comparative insights with other economic systems.
Open Outcry
The system of trading in commodities, securities, or currencies by traders meeting together and calling out the trades they are offering.
Pay-As-You-Go Pension
An overview of the pay-as-you-go pension system where current pensions are funded by current contributors.
planned economy
An economy in which the government takes all major production and distribution decisions.
Stability Conditions
The conditions under which a system reverts to its original state after disturbance, often assessed using linear equations.