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    Business Environment Presentation

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    Business Environment Presentation

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    Business environment presentation

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    Business environment presentation

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    Business environment presentation

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    Download as pptx, pdf, or txt
    9 views10 pages

    Business Environment Presentation

    Uploaded by

    kueff866rk
    Business environment presentation

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    Business

    Environment

    Gourav Dutta
    Keshav
    Shivam Kumar
    Capitalism
    Capitalism is an economic and political
    system in which trade, industry, and
    the means of production are largely or
    entirely privately owned and operated
    for profit. In a capitalist system,
    individuals or businesses can invest
    capital (money or assets) to produce
    goods and services with the goal of
    generating profit. This system relies on
    the principles of supply and demand,
    competition, and the pursuit of self-
    interest.
    Socialism
    Socialism is an economic and political
    ideology that advocates for the means of
    production, distribution, and exchange of
    goods and services to be owned or
    regulated by the community as a whole.
    In socialist societies, the goal is to
    achieve social and economic equality by
    minimizing or eliminating private
    ownership of industries and resources.
    Communism

    Communism is a political and economic


    ideology advocating for a classless
    society where the means of production,
    such as factories and natural resources,
    are collectively owned and controlled by
    the community as a whole. In a
    communist society, there is no private
    ownership, and goods and services are
    distributed based on the principle of
    "from each according to their ability, to
    each according to their needs.
    Mixed Economy
    A mixed economy is an
    economic system that combines
    elements of both market and
    planned economies. In a mixed
    economy, the government and
    the private sector share the
    responsibility for economic
    decision-making. This means
    that some industries and
    services are privately owned and
    operated, while others are
    Differences
    Capitalism:
    • Economic System: In capitalism, the means
    of production (such as factories and
    businesses) are privately owned. The prices
    of goods and services are determined by
    supply and demand in a free market.
    Individuals and businesses operate for profit,
    and competition drives innovation and
    efficiency.
    • Role of Government: Limited government
    intervention; the economy operates based
    on market forces.
    Socialism:

    • Economic System: In socialism, the means of


    production can be owned by the state or
    collectively by the workers. The goal is to reduce
    inequality by distributing wealth and resources
    more evenly among all citizens.
    • Role of Government: Government plays a
    significant role in planning and controlling the
    economy. There is often more regulation and
    public ownership of key industries and services.
    Communism:

    • Economic System: In communism, all means of


    production are owned communally. There is no
    private ownership, and the central planning
    authority controls the economy. The goal is to
    achieve a classless society where wealth and
    resources are shared equally among all citizens.
    • Role of Government: Government controls all
    aspects of the economy, and private property is
    abolished.
    Mixed Economy:

    • Economic System: A mixed economy combines


    elements of both capitalism and socialism. Some
    industries and services are privately owned and
    operate in a free market, while others are owned or
    heavily regulated by the government to ensure public
    welfare and reduce inequality.
    • Role of Government: Government intervention varies,
    with some sectors being heavily regulated or publicly
    owned, and others left to market forces.
    Thank You

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