Used in Economics with TAR.
includes discussion on mixed economy, characteristics, advantages and disadvantages of mixed economy, types of mixed economy, features of mixed economy, best and worst practices in mixed economy and model countries.
Used in Economics with TAR.
includes discussion on mixed economy, characteristics, advantages and disadvantages of mixed economy, types of mixed economy, features of mixed economy, best and worst practices in mixed economy and model countries.
Economic System is the system of production, distribution and consumption of goods and services in a particular society.
The economic system is composed of people, institutions and their relationships.
It addresses the problems of economics like the allocation of the resources.
Economic System : An organized way in which a state or nation allocates its resources and distributes goods and services in the national community.
Economic system classified into mainly three economic system
Three economic system:
1.market-based economy
2.command-based economy
3.mixed economy
Neo classical general equilibrium theory which is based on Walrasian theory of general equilibrium 2*2*2 model and Marshallian graphical representation
In economics, the theory of the second best concerns the situation when one or more optimality conditions cannot be satisfied.
The economists Richard Lipsey and Kelvin Lancaster showed in 1956, that if one optimality condition in an economic model cannot be satisfied, it is possible that the next-best solution involves changing other variables away from the values that would otherwise be optimal.
Politically, the theory implies that if it is infeasible to remove a particular market distortion, introducing a second (or more) market distortion may partially counteract the first, and lead to a more efficient outcome.
Economic System is the system of production, distribution and consumption of goods and services in a particular society.
The economic system is composed of people, institutions and their relationships.
It addresses the problems of economics like the allocation of the resources.
Economic System : An organized way in which a state or nation allocates its resources and distributes goods and services in the national community.
Economic system classified into mainly three economic system
Three economic system:
1.market-based economy
2.command-based economy
3.mixed economy
Neo classical general equilibrium theory which is based on Walrasian theory of general equilibrium 2*2*2 model and Marshallian graphical representation
In economics, the theory of the second best concerns the situation when one or more optimality conditions cannot be satisfied.
The economists Richard Lipsey and Kelvin Lancaster showed in 1956, that if one optimality condition in an economic model cannot be satisfied, it is possible that the next-best solution involves changing other variables away from the values that would otherwise be optimal.
Politically, the theory implies that if it is infeasible to remove a particular market distortion, introducing a second (or more) market distortion may partially counteract the first, and lead to a more efficient outcome.
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how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
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how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
2. Briefreviewabouteconomy
Let's quickly review what a mixed economy is. It is
a combination of a market economy, or free market
economy, and planned economy. Like the market
economy, a mixed economy gives businesses and
individuals many economic freedoms. Like the
planned economy, the government puts in place
regulations to secure other business and individual
consumer security. If you live in America, you live
experience a mixed economy everyday. One way you
experience it is driving down the road. The
government levees taxes to pay for the road. Then,
the government typically outsources the
construction to a private entity. In that way, the
private sectors and public sectors work hand-in-
hand and benefit each other, as well as the
citizen, every day.
3. WhatisMixedEconomy?
Mixed economy or DUAL ECONOMY is an economy containing
the characteristics of both capitalism and socialism,
that is a combination of private and public ownership
of the means of PRODUCTION, with some measure of
control by the government.
Also referred to as a “Market System With Government
Intervention”. In the implementation of a development
program for a developing country, government
initiatives are often necessary to enable the country
to embark on an economic take-off.
It is a type of economy in which private and public
sector co-exist and try to retain the advantages of
capitalism and socialism while trying to eliminate the
evils of the both systems.
4. Mixedeconomy
The mixed economy works because the two
primary players, the private sector and
public sector, benefit each other. The
private sector’s goal is to make
profit. For every dollar in revenue for
the private sector, there is a tax that
goes directly to some level of
government. The public sector can then
afford to continue providing its
services to the people, which include
but is not limited to, the businesses.
Citizens also pay taxes through either
goods and services from the private
sector or public sector.
5. AdvantagesofMixedEconomy
Producers and consumer have sovereignty to choose what to
consume but production and consumption of harmful goods and
services may be stopped by the government.
As compared to Market economy, a mixed economy may have income
inequality due to the role played by the government.
A mixed economy is between the opposite poles of a free market
economy and a certainly planned as socialist, system. A mixed
system combines capitalist and socialist elements, and sometimes
referred to as a third-party. It offers a variety of benefits
including free enterprise and private ownership, as well as a
social safety and the capacity for government intervention when
needed.
mixed economy is that is allows for competition among
producers and manufacturers with enough government
regulations in place to protect the society. Another
advantage of a mixed economy is right of people and
businesses to produce, sell, and decide on their own prices.
6. Disadvantageofmixedeconomy
The wrong regulation on economic processes
can be a catastrophe to certain features
of production. Another disadvantage is
that merchants and business must locate
markets for their goods and services. They
also have no control over the taxes they
are required to pay. Taxes can also be an
advantage, because they provide revenue
for the government to support its citizens
and infrastructure.
7. Howtheyoperate
How can these the private
sector and public sector realms
operate together? Using the
transportation example, the
government will typically hire
a private company to build
roads and bridges, which are
then utilized by the private
and public sectors.
8. Someexamplesofmixedeconomy
Here are a few more examples of a mixed
economy in action. Economic freedoms consist
of the right to start your own business, hire
employees, fire employees, and sell goods and
services for a profit. The government not only
regulates these activities so that other
businesses and civilians are ensured consumer
safety, but also to try and keep everyone on a
level playing ground, such as equal employment
regulations. The government does not just
regulate these businesses, but also taxes them
in order to provide a plethora of goods and
services proven non-profitable by the private
sector, such as libraries, education,
hospitals, and sanitation.
11. WHAT TO PRODUCE?
This question is solved by public
sector-private sector co-
existence. In this economy,
private sector produces goods
which are profitable while public
sector produces goods with the
main aim of profit.
12. HOW TO PRODUCE?
In mixed economy, goods are
produced by public and private
sectors. Private sector uses
least cost production function
to undertake production. But
public sector may not always
adopt least cost production,
because there aim is social
welfare.
13. HOW MUCH TO PRODUCE?
In every economy , how
much to produce depends
on the supply and
demand of the goods and
services or to the
resources available.
14. FOR WHOM TO PRODUCE?
Value of production is
idential to the income
from production. In a
mixed economy, the income
is distributed among the
factors of production.
15. Privatevs.PublicOwnership
Private business produce most
goods and services, and almost
two-thirds of the nation’s total
economic output goes to
individuals for personal consumer
load is so great,that the nation
is sometimes characterized of
having a consumer economy.
16. Publicownership
public ownership more compatible with
market operation, not to abandon
it, but they cannot agree on what is
the best form of public ownership. The
former maintains that state ownership
is basically sound and only its
operational mechanism needs to be
modified, while the latter proposes to
transform state-owned enterprises into
shareholding companies.
17. Elementsofmixedeconomy To posses means of production(farms,factories,stores,.etc.)
To participate managerial decision(Cooperative and participatory
Economics)
To travel(Needed to transport all the items in the commerce,to
make deals in persons, for workers and owners to go to where
needed)
To Buy(items for personal use, for re-sale;by whole enterprices
to make the organization that create wealth a form of wealth
itself)
To sell (same as buy)
To hire(to create organizations that creat wealth)
To fire(to maintain organizations that create wealth)
To organize(private enterprise for profit,labor unions,workers’
and professional associations,non profit groups,religions,etc.
To communicate(free speech,newspapers,books,advertisements,make
deals,create business partners,create markets)
To protest peacefully(marches,petitions,use the government,make
laws friendly to profit making and workers alike,remove pointless
inefficiencies to maximize wealth creation).
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