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Sunday, December 22, 2013

Market Driven Economy

Market dictated providence Subhajit Chatterjee M.B.A 2nd year, IAME ( Bangalore) ecosubha@gmail.com Abstract The phrase “ food grocery store place” has effect some synonymous with the word “ parsimoniousness”. Today when we be in a great transition after the “fiscal Tsunami” of 2008, the wholly hope lies with the possibility that the foodstuff will capture its ontogenesis again .So as the globe has gradu eachy get under ones uncase one single marketplace, the human being deliverance sight the “market” itself as the most influencing figure. The Market System could not issue until change in economic activities became accepted and lineage practices developed. So this research work seeks to understand the gradual vicissitude of economy from the classical to Keynesian and Keynesian to neo-classical ages and then towards the extra globalised capitalist economy and how market has become the most influenci ng factor of all those transformations; the determinant market factors of the Great Depression of 30’s to the Financial Recession of 2008, considering both socialistic and capitalistic aspects.
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This reputation is also intended to examine how the Indian Economy has been influenced by the market (domestic and International), what are the possible trends of global market driven economy for coming years , what are the possibilities of rally of world economy’s most influencing power US market by the emerging market of BRIC countries’. Key row: Market & Economy, Economic theories, market forces, g lobalization, recession, trends, predictions! . 1. Introduction Market economy could be defined as a system of allocating resources found only on the interaction of market forces, such as supply and demand. Now the two words “demand” and “supply” are not enough to keep an eye on the influence of market on economy. The market directs the individuals activities into some beget in which he best serves the needinesss of his fellow men. There is in...If you essential to get a full essay, order it on our website: OrderCustomPaper.com

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