Thoughts on Perfecting Systems of Resources Compensation and Price
Sun Yi-ju
Abstract
Sun Yi-ju
Abstract
In China, as factors of production, the natural resources and labor are compensated at very low prices that are deviatde from the value. The distorted price system is the main cause of the defects of market economy. It is the key point that separates our price level from the international one. Facing the big challenges of WTO. it is very important to conduct some researches on natural resources and their prices.
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In China, as factors of production, the natural resources and labor are compensated at very low prices that are deviatde from the value. The distorted price system is the main cause of the defects of market economy. It is the key point that separates our price level from the international one. Facing the big challenges of WTO. it is very important to conduct some researches on natural resources and their prices.
Key concepts: Compensation (psychology), Point (geometry), Value (mathematics), China, Natural resource, Economics, Production (economics), Market price