Market Driven Economy

Market dictated deliverance Subhajit Chatterjee M.B.A 2nd year, IAME ( Bangalore) ecosubha@gmail.com Abstract The record book “ food grocery store place” has effect virtually synonymous with the word “ parsimoniousness”. Today when we be in a great transition after the “fiscal Tsunami” of 2008, the simply hope lies with the possibility that the foodstuff will capture its yield again .So as the globe has gradu eachy get under ones scrape one single market place, the human being providence observed the “market” itself as the most influencing part. The Market System could not issue until change in economic activities became accepted and line of work practices developed. So this research work seeks to understand the gradual renewal of economy from the classical to Keynesian and Keynesian to neo-classical ages and then towards the forego globalised capitalist economy and how market has become the most i nfluencing factor of all those transformations; the determinant market factors of the Great Depression of 30’s to the Financial Recession of 2008, considering both socialistic and bourgeois aspects. This reputation is also intended to examine how the Indian Economy has been influenced by the market (domestic and International), what are the possible trends of global market driven economy for coming years , what are the possibilities of refilling of world economy’s most influencing power US market by the emerging market of BRIC countries’. Key chaffer: Market & Economy, Economic theories, market forces, globalization, recession, trends, predictions. 1. Introduction Market economy could be defined as a system of allocating resources found only on the interaction of market forces, such as affix and demand. Now the two words “demand” and “supply” are not enough to keep an eye on the influence of market on economy. The market d irects the individuals activities into some ! fill in which he best serves the needinesss of his fellow men. There is in...If you neediness to get a full essay, order it on our website: OrderCustomPaper.com

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