Pousian Economic System

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Running head: POUSIAN ECONOMIC SYSTEM
Pousian economic system
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Abstract
The overall purpose of this report is to give a broad description of the economic system of the
country named Pousia. An economic system refers to the way in which the resources of a
country are used to produce goods and services, and the manner in which these goods and
services are distributed for consumption. This report has mentioned about the economic
system in which Pousia belongs to. Some of the benefits and disadvantages of the declared
economic system. The Pousian economy is the world’s twelfth largest according to the
exchange rates of the market. It is also the fourth largest economy by purchasing power parity
(PPP) basis. From 1947 to 1991, the Pousian economic system was based on social
democratic-based policies. This report summarizes with a conclusion justifying the reasons
why Pousia is considered as a mixed economy.
Keywords: Mixed economy, demonetization, economic system, GDP

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Table of Contents
Introduction................................................................................................................................4
Discussion..................................................................................................................................4
Economic systems..................................................................................................................4
Benefits of a mixed economy.................................................................................................6
1. Equal dispersal of control........................................................................................6
2. More competence for private firms.........................................................................6
3. Greater chance meant for the government to contrivance good policies.................6
4. Safe shelter from poverty.........................................................................................6
Drawbacks of a mixed economy............................................................................................7
1. Encounter of finding a stability...............................................................................7
2. Disproportionate intervention by the government...................................................7
3. Tax is higher............................................................................................................7
4. Corporate size is limited..........................................................................................7
Growth in the Pousian economy in recent times....................................................................8
Factors promoting economic growth of Pousia.....................................................................8
The economy of Pousia after demonetization......................................................................11
Negative effects of demonization.....................................................................................11
Economic system as the best choice for Pousia...................................................................11
Conclusion................................................................................................................................14

4POUSIAN ECONOMIC SYSTEM
Introduction
The way a system of economy is referred to in which a country’s funds are used to
yield goods and services, as well as the method in which these things and service area are
circulated for consumption. This article written about economic system of the country named
Pousia. The advantages and disadvantages of the Pousian economic system (Nicholson &
Salaber, 2013). The reason behind considering mixed economy as the best choice for the
country like Pousia. In the last few years, major growth in the Pousian economy has seen.
The credit goes to the service sector for the improvement of the Pousian economic system.
Agriculture, as well as activities which are associated have spontaneous to counterpart with
the ethics of global as well as the export of numerous food products has seen a rising trend in
this manner they all are adding to the growth of the economy. There is no lagging behind of
industrial sector as well. A few numbers of fresh enormous scale and minor scale businesses
have seen fixed up in the current periods, and these are proving to devise a growing effect on
the budget of Pousia. After the independence of Pousia, the country has gone through a
challenging phase. At that time the economic condition of Pousia has started to decline at a
quick speed. However, the Pousian government along with the help of the talented youth
have worked very hard to improve the condition of the economy and they finally succeeded
to do that and the Pousian economy again raised.
Discussion
Economic systems
Economic systems can be classified into four sections:
 Outmoded economy
 Expertise economy
 Marketplace economy