Planned economyA planned economy is a type of economic system where the distribution of goods and services or the investment, production and the allocation of capital goods takes place according to economic plans that are either economy-wide or limited to a category of goods and services. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed.
Mixed economyA mixed economy is variously defined as an economic system blending elements of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise. Common to all mixed economies is a combination of free-market principles and principles of socialism. While there is no single definition of a mixed economy, one definition is about a mixture of markets with state interventionism, referring specifically to a capitalist market economy with strong regulatory oversight and extensive interventions into markets.
Market economyA market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.
BeijingBeijing (beɪˈdʒɪŋ ; ; AUDBeijing pronunciation.oggbei3.jing1), alternatively romanized as Peking (piːˈkɪŋ ), is the capital of the People's Republic of China. With over 21 million residents, Beijing is the world's most populous national capital city as well as China's second largest city after Shanghai. It is located in Northern China, and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts.
Economic planningEconomic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism. As an allocation mechanism for socialism, economic planning replaces factor markets with a procedure for direct allocations of resources within an interconnected group of socially owned organizations which together comprise the productive apparatus of the economy.
Soviet-type economic planningSoviet-type economic planning (STP) is the specific model of centralized planning employed by Marxist–Leninist socialist states modeled on the economy of the Soviet Union (USSR). The post-perestroika analysis of the system of the Soviet economic planning describes it as the administrative-command system due to the de facto priority of highly centralized management over planning.
History of BeijingThe city of Beijing has a long and rich history that dates back over 3,000 years. Prior to the unification of China by the First Emperor in 221 BC, Beijing had been for centuries the capital of the ancient states of Ji and Yan. It was a provincial center in the earliest unified empires of China, Qin and Han. The northern border of ancient China ran close to the present city of Beijing, and northern nomadic tribes frequently broke in from across the border.
Social stratificationSocial stratification refers to a society's categorization of its people into groups based on socioeconomic factors like wealth, income, race, education, ethnicity, gender, occupation, social status, or derived power (social and political). As such, stratification is the relative social position of persons within a social group, category, geographic region, or social unit. In modern Western societies, social stratification is typically defined in terms of three social classes: the upper class, the middle class, and the lower class; in turn, each class can be subdivided into the upper-stratum, the middle-stratum, and the lower stratum.
Beijing dialectThe Beijing dialect (), also known as Pekingese and Beijingese, is the prestige dialect of Mandarin spoken in the urban area of Beijing, China. It is the phonological basis of Standard Chinese, the official language in the People's Republic of China and one of the official languages of Singapore and the Republic of China (Taiwan). Despite the similarity to Standard Chinese, it is characterized by some "iconic" differences, including the addition of a final rhotic -r / 儿 to some words (e.g. 哪儿).
Economy of the Soviet UnionThe economy of the Soviet Union was based on public ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was characterized by state control of investment and prices, a dependence on natural resources, lack of consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, low unemployment and high job security.
Beijing city fortificationsThe Beijing city fortifications were series of walls with towers and gates constructed in the city of Beijing, China in the early 1400s until they were partially demolished in 1965 for the construction of the 2nd Ring Road and Line 2 of the Beijing Subway. The original walls were preserved in the southeastern part of the city, just south of the Beijing railway station. The entire perimeter of the Inner and Outer city walls stretched for approximately .
Collective farmingCollective farming and communal farming are various types of, "agricultural production in which multiple farmers run their holdings as a joint enterprise". There are two broad types of communal farms: agricultural cooperatives, in which member-owners jointly engage in farming activities as a collective, and state farms, which are owned and directly run by a centralized government. The process by which farmland is aggregated is called collectivization.
HierarchyA hierarchy (from Greek: ἱεραρχία, from hierarkhes, 'president of sacred rites') is an arrangement of items (objects, names, values, categories, etc.) that are represented as being "above", "below", or "at the same level as" one another. Hierarchy is an important concept in a wide variety of fields, such as architecture, philosophy, design, mathematics, computer science, organizational theory, systems theory, systematic biology, and the social sciences (especially political science).
Age stratificationIn sociology, age stratification refers to the hierarchical ranking of people into age groups within a society. Age stratification could also be defined as a system of inequalities linked to age. In Western societies, for example, both the old and the young are perceived and treated as relatively incompetent and excluded from much social life. Age stratification based on an ascribed status is a major source inequality, and thus may lead to ageism. Ageism is a social inequality resulting from age stratification.
ArchitectureArchitecture is the art and technique of designing and building, as distinguished from the skills associated with construction. It is both the process and the product of sketching, conceiving, planning, designing, and constructing buildings or other structures. The term comes ; ; . Architectural works, in the material form of buildings, are often perceived as cultural symbols and as works of art. Historical civilizations are often identified with their surviving architectural achievements.
Social statusSocial status is the relative level of social value a person is considered to possess. Such social value includes respect, honor, assumed competence, and deference. On one hand, social scientists view status as a "reward" for group members who treat others well and take initiative. This is one explanation for its apparent cross-cultural universality. On the other hand, while people with higher status experience a litany of benefits--such as greater health, admiration, resources, influence, and freedom--those with lower status experience poorer outcomes across all of those metrics.
Type systemIn computer programming, a type system is a logical system comprising a set of rules that assigns a property called a type (for example, integer, floating point, string) to every "term" (a word, phrase, or other set of symbols). Usually the terms are various constructs of a computer program, such as variables, expressions, functions, or modules. A type system dictates the operations that can be performed on a term. For variables, the type system determines the allowed values of that term.
