Economics, market economies, government in economies, comparison of different economies. Pretty good detail, includes relevant 2004 examples... mostly about Australia but relevant to anyone

How Economies Differ The Market Economy Introduction; *<Tab/>Pure Market economy- all economic decisions made by individuals and private firms who are both motivated by self interest. Aka capitalist, free enterprise and laissez-faire (translation- 'let things be') *<Tab/>In pure market economies those owning Capital and means of production get very rich, and those who do not get very poor, large socio-economic divisions. *<Tab/&…

…minimum standard of living for people unable to work or looking for work. *<Tab/>In recent times, on a global scale, funding for welfare has gone down. *<Tab/>Australia retains a stronger social safety net than either Japan or US *<Tab/>Australian govt has tightened welfare system through 'means tests' (assessing sources of income/assets) and 'mutual obligation' (work for the dole) programs.