Toshkent m oliyainstituti

Task 3.Give your idea on the topic: 
’’Globalization”

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What is a Partnership?
Task 2. Read and retell the text.
The government owns the resources and employs the workers. It decides what 
workers will do, what goods and services they will produce, how much will be 
produced, and what income they will receive. This type of economic system is called 
a command system.
In a command system, the government decides what will be produced. In a command 
economy, a central planning committee sets the goals. The committee may also 
decide who will use the goods and services. In many command economies, 
consumer goods and services rank low on the priority list.
A market system is an economic system in which the interaction between buyers 
and sellers determines what is bought and sold. In a market system the questions are 
answered through the market, which is made up of all individuals' buying and selling 
decisions put together. The market is not a place; it is a concept.
In a market system, the consumer is all-important. Every time a consumer buys a 
product, he or she is telling the market to supply more of that product. Interaction of 
consumers and producers is what makes a market system work.
However, everyone has certain needs such as food, clothing, and shelter that must 
be satisfied. The economic system that does the best job of satisfying those needs 
obviously is the most successful. No economic system is perfect... Most economic . 
systems in the world today are mixed systems. Mixed systems combine some parts 
of other systems. They may be a mixture of traditional, command, and market 
economic systems.
Task 3.Give your idea on the topic:” Corporate strategy”

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What is Corporation?