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ARHIVELE OLTENIEI - Universitatea din Craiova

ARHIVELE OLTENIEI - Universitatea din Craiova

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Some features of the English Legal System 337it is the result of the historical development in time, where it arrived through anatural evolution of the economical and social- political activity. It represents anattraction pole for the intense regions, generating a concentric integrationprocess, of assimilation of the integrated countries economies.The profound analysis of the economic and social-politic content of theAmerican development and integration model allows us to synthesise thefallowing features 6 :- the public sector that produces non-commercial economic goods isnegligible and it has reducing tendencies;- the market holds the determinant role in the goods circulation from theproducer to the consumer;- at the basis of the economic politic are the offer stimulation measures,and in the adopted decisions prevails the individual success and themaximisation of the immediate profit;- the economic goods prices (inclu<strong>din</strong>g the wages) depend in a decisiveway on market conditions;- the taxation is reduced;- the direct involvement of the state in the economic life is negligible;- the undertaking, as a centre of the economic decisions, is considered acommercial good like any other;- the financial market and first of all the stock exchange holds thedecisive part of a barometer of the economic activity in comparison to othermarkets;- the high mobility in a short time in the economic- social hierarchy;- the middle class (families with incomes about the social average)relatively low;- an elitist education system that function upon the market rules;- a low degree of economic security as far as the risks are concerned(unemployment, disease, poverty), the protection problem being an individualquestion.The European Model structured in its big majority on the integrationistgroup the European Union depends upon three main pillars: the economicgrowth, the political freedom and the social cohesion. The economic activityunfolds in terms of uncertainty and risk, without allowing the latter to be thefundamental criterion of all the activities. This model of economy assumes theresponsibility of the partial financing of the supplementary expenses for thepublic comfort, poverty being a social theme and the unemployment a stateproblem. That’s why, the redistribution of incomes through adequate levers isthe means of combining the economic growth to the social cohesion, these twoconstituting the essence of the politic freedom, its support. Hence, the Europeanmodel is that of a social economy of a competitive market, relying upon theindividual judgement and the market mechanisms in the resource allocation.6 Gheorghe Pirvu, Macroeconomics, SITECH Publishing House, 2005, p.70-71.

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