Economy, economic development, planning, comparative advantages, standard market, pie chart, market, international trade, letter
"Our advice was solicited in order to establish hereby an economic development plan. Thus, we have studied each specificity of your nation and will explain the steps to follow in order to increase your wealth creation."
[...] Economic development plan based on comparative advantages Hello to you, dear leader, and thank you for calling on us, Our advice was solicited in order to establish hereby an economic development plan. Thus, we have studied each specificity of your nation and will explain the steps to follow in order to increase your wealth creation. First of all, let's consider the pie chart of a standard market economy: It shows the suppliers and the demanders. The latter are the consumers, they buy the goods and services, but they are also the employees who keep the firms going. [...]
[...] Finally, thanks to this economic mix that we offer you, each of you will know a prosperous situation superior to what you hoped for and that is where our greatest satisfaction lies. Thank you again for trusting us! In the hope that our advice will be favorable to you the council. [...]
[...] Firstly, the traditional economy is the one based on the norms and ideas transmitted within the community itself that leads to the achievement of a primary goal, survival. Second, the command economy which is entirely decided by the power in place without any real consideration for the opinion of the people, the goal is therefore to maximize the return for what is important in the eyes of the leaders. Now, the market economy, which is the one in force in the capitalist world, is based on the individual choices of consumers and producers, which perfectly illustrates the meeting of supply and demand, where the goal is for both sides to maximize their profits. [...]
[...] If you apply our advice, I am convinced, as are all those who have contributed in one way or another to the development of this economic plan, that you will succeed in achieving your objectives. What we are proposing is simply perfectly adapted to your needs, but above all, two things. The first is that we have taken into consideration all your desires to satisfy them one by one, and the second is that it is our experience in the field that allows us to certify that you have made the right decision in approaching us. [...]
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