rc jewelry wholesale What are the differences between the real economy and the virtual economy?

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2 thoughts on “rc jewelry wholesale What are the differences between the real economy and the virtual economy?”

  1. online wholesale wood jewelry supplies The formation of virtual economynThe virtual economy has experienced 5 major development stages. The first stage is the capitalization of idle currencies, that is, the idle currency of people at hand becomes a living capital. The earliest origin can be traced back to private business loans. For example, A borrowed money from B to engage in production and operation activities with idle money, and agreed to pay interest to B to B after expiration. Dedicated is the prototype of virtual capital, which has obtained value -added by borrowing cyclic movements. At this time, B did not engage in actual economic activities, but only made money through a virtual economic activity.nThe second phase is the socialization of life -interest capital, that is, from the lending of individuals to banks and securities. With the development of society, a bank as an intermediary appeared. People deposit their idle currencies into the bank, and the bank is transferred to the way out. People can also use the idle currency in their hands to purchase various securities to live. At this time, the securities in people's hands are virtual capital.nThe third stage is the marketization of securities, that is, the financial market that has formed virtual capital for exchange, and the financial market has gradually developed by stocks and bonds. The biggest problem of the early virtual capital was the lack of liquidity, which hindered the transformation of idle currencies towards living capital. After the marketization of the securities securities, it can be freely traded according to its expected income, which has generated a financial market for virtual capital transactions.nThe fourth stage is the internationalization of the financial market, that is, virtual capital can conduct multinational transactions and go through a tortuous process. In the middle of the 19th century, the US government and railway companies such as the United States and railway companies issued bonds with fixed interest rates in financial markets in the United Kingdom, France and Germany, but it was not until the beginning of the 20th century that large -scale multinational securities investment occurred. Since the 1960s, the transactions of financial commodities such as stocks, bonds, foreign exchange, and foreign exchange have successively appeared in futures transactions, and options transactions have also appeared in 1973.nThe fifth stage is the integration of international finance. Since the 1980s, with the advancement of economic globalization, the degree of dependence between the economy of various countries has greatly increased, and the degree of financial liberalization has gradually increased; second, the formation of the floating exchange rate system due to the discretion of the US dollar out of gold is leaving the gold standard. The increase in financial innovation has continued to increase the scale of virtual economy; third, with the advancement of information technology, the flow of virtual capital in the financial market is getting faster and faster, and the traffic is getting larger and larger. The above three factors have promoted the closer connection between the financial markets of each country and the international financial market, and the influence between each other has become increasingly increasing. It can be said that it is the point where it is moved.nFeatures of virtual economynThere are several characteristics of the virtual economic system. The first is complexity. The virtual economy is a complex system, and its main composition is natural and legal persons. They conduct virtual economic activities in the financial market in accordance with certain rules. Everyone has the freedom of independent decision -making, but it must not be affected by the decision -making and environment of others. Taking the stock market as an example, when investors buy and sell stocks, it is independent of his own decision, but this decision cannot be affected by other people, nor can it be affected by environmental factors such as policies. Although it is prone to turbidity due to the non -linear effects between components, it can present a certain order and stability due to the self -organized effect of the system.nThe second is the stability. The virtual economic system is a constant system, that is, staying away from the state of balance, but it can still maintain a relatively stable system. With dissipated structures, funds are exchanged with the outside world to maintain relatively stable. For example, the stock market must have buying and selling, and the new funds are constantly injected so that the stock market can survive. The discipline of the virtual economy comes from three aspects: First, the inherent instability of virtual capital. The second is the virtualization of currency. After currency and gold -based and gold exchange are decoupled, they no longer have the value that can be measured by some kind of physical objects. The government can use the way of printing to adjust the money supply, without the previous currency exit mechanism. At this time, the value of currency can only be measured with its purchasing power, and it is affected by the amount of currency issuance, interest rates, exchange rates, and people's consumer behavior. Therefore, the virtualization of currency will enhance the instability of the virtual economy. The third is from the role of positive feedback. Theoretically, rising stock prices will reduce the demand for stocks. Because there are fewer people buying, the stock market supply and demand will automatically balance; however There will be more funds to enter the stock market to speculate. Due to the increase in demand, the stock price will increase further. This positive feedback can cause an enlarged effect, making the price of virtual capital ups and downs. This exacerbates the instability of the virtual economic system.nThe third is high risk. It can be divided into objective risks and subjective risks. In recent years, due to the development of information technology, a lot of progress has been made in the past data forecast in the past, but it is still impossible to fully predict the future, which has objective risks. Subjective risks come from people's subjective errors on the expected income subjective estimation. The development of the stock market is supported by people's optimistic psychological expectations. If there is no speculation, bubbles and risks in the stock market, it is not the stock market. The speculators do not look at the discounts of future income, but to see the difference in buying and selling. There must be foam when there is speculation, and there must be risks if there is a bubble. This is subjective risk. This risk has a positive feedback effect, which is easy to be magnified, causing panic. In addition, the existence of illegal acts such as internal transactions, dealers, and unrealistic information disclosure will also cause high risks of the virtual economy.nThe fourth is parasiticity. The virtual economic system is generated by the real economic system and is attached to the real economic system. Its parasitic manifestation in its operating cycle generally depends on the operating cycle of the real economy, but the short -term departure is possible. Due to the tight connection between the two economic systems of virtual and the entity, the risks generated in the real economy, such as product backlogs and corporate bankruptcy, will be passed on to the virtual economic system, leading to their loss of stability. The risks in virtual economic systems, such as the large decline in stock indexes, the plunge of real estate prices, the increase in banks in banks, and the sharp depreciation of the currency, which will also have a serious impact on the real economy. In a market economy, the real economy is no longer possible to run away from the virtual economic system.nFifth, periodicity. The evolution of the virtual economy generally presents periodic characteristics. Generally, the accelerated growth of the real economy, the beginning of economic bubbles, the gradual expansion of the currency and credit, the general rise of various asset prices, the rising stock and real estate prices, the crushing of external disturbances, the sharp decline in various financial indicators, the actual sales of people selling the actual situation Assets and financial assets, deceleration or negative growth of the real economy. This periodicity is not a simple cycle, but spiral forward. The virtual economy is always in a cycle movement such as expansion, foam generation, bubble burst, tightening or collapse.nThe real economy is hardware, and the virtual economy is softwarenFirst of all, we must figure out what the real economy is. Marx discuss the capital cycle process. First, use currency capital to exchange workers, purchase raw materials, machines, and build factories through exchange, and then turn into products through production. The products can be turned into goods through circulation. I think this process is the real economy. The virtual economy refers to economic activities related to the circular movement that the virtual capital is mainly based on the financial system. This is a profitable activity of monetary capital without the real economy cycle. Simply put, the virtual economy is a activity of making money directly with money.nAt present, the size of the virtual economy is much higher than the real economy. Since the 1980s, the average annual economic growth rate of the world is about 3 %, the annual growth rate of international trade has been around 5 %, the annual growth rate of international capital flow has been around 25 %, and the total global stock price has increased by 2.5 times. Essence Based on the data of the International Monetary Fund and the World Bank, the total virtual economy of the world at the end of 1997 was US $ 1.4 million, and by the end of 2000, it was 1.6 million US dollars, which was generally 5 times that of the world's total GDP. The daily traffic volume of virtual capital around the world is about $ 2 trillion, which is about 50 times the average world trade amount. It is expected that with the development of e -commerce and electronic currency, the scale of the virtual economy will continue to swell.nThe real economy is the hardware of the economy, the virtual economy is a software in the economy, and they are interdependent relationships.nStudy the meaning of virtual economynStudying the virtual economy not only has theoretical significance, but also has important practical significance. This is because the scale of the virtual economy is rapidly expanding, and the development of my country's virtual economy is still a big gap compared with foreign countries. Compared with the real economy, my country's virtual economy is relatively small. When the market value of the stock market is the highest, it is only 55 % of the GDP, and only about one -third is circulating stocks. The bond market and the currency market are relatively small. Wall Street, British Lunbad Street and other large -scale financial centers. On the other hand, due to the lack of experience in how my country has controlled the virtual economy, after joining the WTO, my country is facing severe challenges in terms of virtual economy. For example, in terms of funds, we still have some experience for how to use interest rates and time differences. We don't know much. In addition, we lack experience in how to understand and handle risks in the virtual economic system. We must carefully study the movement and development of the virtual economy, especially to study the interaction and interaction between the virtual economy and the real economy, in order to give full play to the promotion of the virtual economy on my country's economic development, and try to prevent and eliminate its elimination of its economic development Negative shadow

  2. cheap wholesale jewelry uk Pay content for time limit to check for freenAnswer Hello, I am glad to answer it for you. The real economy refers to the total value of commodity produced by a country, including agriculture, industry, transportation and communications industry, business service industry, construction industry, cultural industry and other material production and service departments. The virtual economy is relatively real economy, including the financial industry, real estate industry, the sports industry, gaming industry, collection industry, etc. The real economy refers to economic activities such as material, spiritual products and services, and circulation; and virtual economy refers to economic activities that are relatively independent of the real economy. For a country, if the development of the virtual economy is excessive, the foam economy will be brought.

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