Capitalism
Capitalism is an economic system based on private ownership of the means of production and their operation for profit, the accruing of profits to private owners, and the compensation of workers in salaries and wages. Characteristics central to capitalism include private property, capital accumulation, a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.
Economists, political economists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free market capitalism, welfare capitalism and state capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social policies. The degree of competition in markets, the role of intervention and regulation, and the scope of state ownership vary across different models of capitalism; the extent to which different markets are free, as well as the rules defining private property, are matters of politics and of policy. Most existing capitalist economies are mixed economies, which combine elements of free markets with state intervention, and in some cases, with economic planning.
Supply and demand
In microeconomics, supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good, or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted.
Graphical representation of supply and demand
Although it is normal to regard the quantity demanded and the quantity supplied as functions of the price of the goods, the standard graphical representation, usually attributed to Alfred Marshall, has price on the vertical axis and quantity on the horizontal axis, the opposite of the standard convention for the representation of a mathematical function.
Since determinants of supply and demand other than the price of the goods in question are not explicitly represented in the supply-demand diagram, changes in the values of these variables are represented by moving the supply and demand curves (often described as "shifts" in the curves). By contrast, responses to changes in the price of the good are represented as movements along unchanged supply and demand curves.
Supply & Demand (TV series)
Supply & Demand is a ITV television drama series that began in 1997 and ended in 1998, with just two series being broadcast. It was devised and written by Lynda La Plante, known for her hit television series Prime Suspect, which went on hiatus in the same year. Each episode of Supply & Demand was two hours long. La Plante felt that the series had reached a natural end and decided not to write any further episodes, thus meaning the last episode was broadcast on October 6, 1998.
Characters
Both Pilot and TV series
Pilot only
TV series only
Episode list
Supply and Demand (disambiguation)
Supply and demand is an economic model used to explain price changes in a market.
Supply and Demand may also refer to:
See also
Supply & Demand (Playaz Circle album)
Supply & Demand is the debut album by Atlanta duo Playaz Circle. The title of the album was believed to have been changed to "Pound 4 Pound", but in an interview Tity Boi confirmed the title to be "Supply & Demand". Playaz Circle released a single on called "Circle of Playaz", which featured Jazze Pha and then released "U Can Believe It" featuring Ludacris. The album was pushed back several times, but many tracks leaked onto the internet before release. The album was finally released on October 30, 2007, featuring guest spots by Ludacris, Shawnna, Phonte of Little Brother and Lil Wayne. The album was removed from iTunes in 2012, and it does not appear on music services such as Spotify and Google Play, most likely due to a copyright claim on the name of the group.
Sales
The album debuted at #27 on the Billboard 200, selling 26,138 copies. In its second week, it dropped to #79, selling 11,261 copies.
