Market economic system

Market - a complex economic system of social relations in the sphere of economic reproduction. It is caused by several principles, which determine its nature and is distinguished from other economic systems. These principles are based on human freedom, his entrepreneurial flair and the fair treatment of the state. The state's role is to effectively regulate the economy. Under the regulation must be understood very wide range of measures, and the efficiency of its use, the higher the credibility of the state.

Distinguishing Features:

• diversity of ownership, including the still occupies a leading place private property in its various forms;

• the scientific and technological revolution, accelerating the creation of powerful industrial and social infrastructure;

• limited government intervention in the economy, however, the government's role in the social sphere is still great;

• changes in the structure of production and consumption (increasing role of services);

• increase the level of education;

• a new attitude to work (creative);

• Increased attention to the environment (limit reckless use of natural resources);

• humanize the economy ("human capital");

• computer science and society (increasing the number of producers of knowledge);

• revival of small business (quick update and high differentiation of products);

• globalization of economic activity (the world has become a single market).