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By Ke W ng
     n a     Em Ta
               ilie ng
ID:0 5 3 5
    8 3 10    ID:0 5 2 2
                  8386
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
Irra na p o le
    tio l e p    VS   Irra na m rke
                          tio l a t
Impact to S U




    LOOK FOR MORE DETAILS
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
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.
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.
No matter rational government or market, they have
to be operate in the way which is true of the
development of economic.
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.”
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.
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

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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
  • 4.
  • 5. Impact to S U LOOK FOR MORE DETAILS
  • 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