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The economic continuum goes from a command, planned economy on the extreme left side, to a fully free market economy on the extreme right side, and various combinations of both in the middle.
China: China is in part a command economy, because the state still has prevalence in some key sectors, for example, in banking. However, it also has many aspects of a free enterprise system. Its position is slightly to the left.
Japan: Japan is an economy that is freer than the world-average. Private firms dominante the economy. Its position is comfortably on the right side of the continuum.
North Korea: North Korea is the least free economy in the world. It is a planned, command economy where private property basically does not exist. Its position is on the extreme left.
India: India is freer than China, but less free than Japan. It used to be a very planned economy, but has been liberalizing many sectors. Its position is slightly to the right.
Big Idea. When Justinian became emperor in 527, he was determined to revive the ancient Roman Empire, to build a new Rome. He established Constantinople as the capital of the Byzantine or Eastern Roman Empire and preserved Roman heritage for more than a thousand years.
"Tobacco" was the most important to the economic success of Jamestown, and in many ways it was the only economic success of Jamestown, which would have failed without it.
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The ancient Persians of the Achaemenid Empire created art in many forms, including metalwork, rock carvings, weaving and architecture. ... Ancient Persians were also known for their metalwork. In the 1870s, smugglers discovered gold and silver artifacts among ruins near the Oxus River in present-day Tajikistan.
Explanation:
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The conceiver of one of mankind's coolest ideas for boundless clean energy died last week. He was 90 and first published his ideas in 1968, a year before NASA put a man on the moon. In its December 1972 issue, Popular Science described engineer Peter Glaser's proposal: