Economies and Needs

Peter Eichhorn and Ian Towers
Additional contact information
Peter Eichhorn: OPINIO Forschungsinstitut
Ian Towers: SRH Hochschule Berlin

Chapter 2 in Principles of Management, 2018, pp 35-62 from Springer

Abstract: Abstract The chapter discusses the relationships between needs and the supply of the tangible and intangible goods that can satisfy these needs. A shortage of resources is confronted with an unlimited number of needs, which means that choices have to be made. EfficiencyEfficiency and effectivenessEffectiveness in the use of limited resources is shown to be necessary. The various types of need are identified, categorised and described. After presenting mechanisms for determining needs, the chapter goes on to identify, categorise and describe the various types of goodsGoods types and ways in which demandDemand can be managed. Attention is paid to public tasksPublic tasks and ways in which they can be executed are outlined. The different economic systemsEconomic system (market and planned) are described and the economic constitution is presented—the components are the stateState , the legal systemLegal system , and the social and ecological orders.

Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-319-70902-4_2

Ordering information: This item can be ordered from
http://www.springer.com/9783319709024

DOI: 10.1007/978-3-319-70902-4_2

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().