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Government +Market Be Rational Uic& Hkbu Homework
1. By Ke W ng
n a Em Ta
ilie ng
ID:0 5 3 5
8 3 10 ID:0 5 2 2
8386
2. How does a rational government +
market should be ?
1.Joseph Stalin’s
model?
2. Great Depression in
1929.
3. What about Franklin
.D. Roosevelt’s
achievement to the U.S
in 1933?
Op n d o p lic
e or o y
3. Irra na p o le
tio l e p VS Irra na m rke
tio l a t
6. Collective farming
J s p Sta c a da
o e h lin re te
hig c nc ntra d
hly o e te
m d l in So t Unio
oe vie n
a ric
g ulture,w d no
e o t
w nt toe p s his
a m ha ize
p rs na fa
e o l ilure b, ut
und r thism d l the
e oe
p lic b g ve e
o y y o rnm nt
w sve irra na
a ry tio l
7.
8. Great depression
The great depression conduct
hundreds million of
unemployment and the
million of bonds become a
waste paper in one day. It is
obviously the market failure
its function and the market
law ineffective and seemd it is
happening now in the world
but we ask the reason the
irrational market mostly
come out by some people’s
irrational actions. The big
inflation came out great
depression.
9. Let’s summarize a little bit.
In the historical
points of view, people
cannot depend on
governmental
adjustment only, either
the invisible hand. They
both cause “disaster” in
economic development
and the running of the
international system.
10. No matter rational government or market, they have
to be operate in the way which is true of the
development of economic.
11.
12. LOOK FOR MORE DETAILS
Franklin D. Roosevelt
“ large sums of federal money for
direct payments to needy citizens
through grants (rather than
loans) to the states.
A vast program of public works— the
construction of public buildings,
highways, dams, and similar projects
— was begun under the Public W orks
Administration (PW A).
provisions for paying farmers to
reduce the acreage of certain crops
and to limit livestock holdings. These
measures were intended to reduce
surpluses, which caused low prices.”
13.
14. Great diction of economic reform
Deng talk about
economic reform is
imply “Socialism
with Chinese
characteristics” and
make the society
especially the
economic part get
development. It also
was a good example
of combination
capitalism and
socialism. Some
times mixture is a
rational action.
15.
16.
17. References
Re f Me s s Roosevelts New Deal,
lie a ure ,
http://history.howstuffworks.com/american-history/rooseve
http://www.ifad.org/lrkm/theme/husbandry/pi/impact_ 2.htm
Analysis of Roosevelt's " New Deal"
http://www.cyberessays.com/History/84.htm