ECO203 Week 5 Discussion 2 Economies in Transition

Economies in Transition something comes with the economy which is a different kind of changes plan for the economy to address the market economy. The Transition economies have it up in down on developing market-based for institutions in or structural transformations projects intended to something comes in with the economy that did not plan like the transitioning from the government turning into a private sector that challenges associated with an economy transitioning from socialism to capitalism. That person often told which tasks they need to complete and how they need to finish with a particular date in time they have for the job assignment. However, there are jobs that cant change the world but can change the job market.

By production transitioning from socialism to capitalism can cause problems to take place in getting arise of income in help have a better scent of work  in the determination that can or cant affects the  distribution planning  under socialism depends on the person .

A good example people are often misunderstood, on what jobs they are in they told to do, in a different language in the race where there work or what they do under socialism. Myself feel I do not have anyone to say how to do my job. Because of my skill of work in  I like working for myself but it bad how I miss out on Medicare benefits in 401 k but as a self-employed person that is part of planning to the authority of making all the decisions as other people make, sometimes a  person, can be affected because of the poor. But more when the government doesn’t try to help give back to the poor with a small business grant in a  health care for senior citizens in other things that socialist are transitioning they may not ready to decide on business acts.

                                                              Reference

Amacher, R., & Pate, J. (2012). Principles of Macroeconomics [Electronic version]. Retrieved from https://content.ashford.edu/ This text is a Constellation™ course digital materials (CDM) title.