Traditional Culture Encyclopedia - Traditional culture - What are the characteristics of market economy? ?
What are the characteristics of market economy? ?
Market economy has seven basic characteristics: (1) sociality, that is, all production activities are involved in the big market of the whole country and even the whole world and become open socialized production. (2) Marketability, that is, the whole process of social reproduction is closely linked with the market. The market mechanism is the basic mechanism of social and economic operation, and all kinds of economic relations are communicated through the market. (3) autonomy, that is, market players have full autonomy. (4) Profitability, that is, the purpose of production and operation is not for consumption, but for profit, and the pursuit of value and excess value by producers and operators is endless. (5) blindness. In a certain period of time, lucrative production and operation projects often lead to the rapid expansion of the supply team, and the momentum is unstoppable. Blindness will cause violent fluctuations in social and economic life. (6) Competitiveness, which is determined by market participants' pursuit of their own interests. (7) differentiation. Market competition is ruthless, and survival of the fittest is the inevitable result of competition. Individual producers whose working hours are lower than the socially necessary working hours are in a favorable position in the competition and can develop; On the contrary, individual producers who work longer than socially necessary labor hours are at a disadvantage in the competition and may go bankrupt.
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