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Comparison of market economy and planned economy——Also on the inevitability of establishing a socialist market economic system

YAN  HuiCong

(House union)

Abstract: The 14th National Congress of the Communist Party of China requires the market to play a fundamental role in the allocation of resources under national macro-control and establish a socialist market economic system. This article discusses its inevitability from the comparison between market economy and planned economy.

Keywords: market economy;planned economy


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