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Essay / Research Paper Abstract
This 7 page paper is a market continuum analysis based on Anderson's market-minimized/market maximized continuum, discussing the oscillation effect seen with the influences of socio-economic factors, demographic patterns, health status and political influences. The bibliography cites 8 sources.
Page Count:
7 pages (~225 words per page)
File: TS14_TEmkmax.rtf
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Unformatted sample text from the term paper:
of the same spectrum at one end there is the maximization of market forces and a minimal involvement of government control. In the market minimization model there is a lesser
degree of market forces and a much higher degree of government control, in effect these may be seen as reflecting the demand and supply side market economies (Anderson, 1989).
The model that is seen may be impact and may also impact on different elements such as the socio-economic, demographic, health status and political status of the market in which
the market operates. The socio-economic factors of a market will influence the way in which there is the presence of change in the presence of the market maximized/market minimized
model. Socio-economic factors include elements include elements such as the social structure of the society, the social norms and aspects such as wealth. Where there is a market maximized
model change in the system is described as "e fast or slow, but it is organic to the system and its pace is natural: it is incremental, not revolutionary" (Anderson
1989). The social demand and fashion will therefore have an impact on the market. There is the ability of the demand to stimulate and change the way that the market
is operating. For example, socio-economic aspects such as the way that fashions emerge, for example, influences from film stars and designers seen in magazine as well as influences from peers
and personal taste all impact on the way fashion is determined. If there ids a demand where there are few controls the supplier to the market will see that there
is a demand and realise that there is an opportunity to make al profit if they supply the goods. The market operates in such a way as that the greater
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