n, the business must attract the interest of the buyers, therefore creating what the people want. It is up to the businesses meeting the demands of the people, not the government, to produce the goods that are high in demand. In a situation like this, the governing body does not take an active part in deciding what is o be produced.Unlike the United States of America, the former USSR had a very different system of producing the goods that were made available to the people. Since the government was actively involved in the planning and regulating of the economy, it decided what it felt the people of the country needed. The citizens themselves had no influence on any economic decisions, so they had to purchase what was offered to them by the government. At times, Russia's government couldn't always predict what the people wanted, so goods would be stored in large warehouses for years. It was a system of control that restricted the freedom, and sometimes neglected the needs, of the people. Because of large amount of government involvement in the economy, consumers did not always get what they desired.Another result of limited government control in an economy is competition and a high quality of goods. When corporations are privately owned, they have to do what they can to survive on their own. It is up to them, not to the government, to receive the maximum amount profit in the most efficient manner. Since each corporation has to respond to the consumer's demands, competition occurs between businesses to attract the most buyers. This, as mentioned previously, produces fair prices, but it also produces goods that are of high quality. For example, in the United States, where the government has little involvement in the planning or monitoring of the economy, high-quality goods are produced and made available to the consumers. Because the businesses are competing with one another, they strive to produce the products that the consumers want. The...
