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STATE & ECONOMY - Coggle Diagram
STATE & ECONOMY
Vocabulary:
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Debt: something, typically money, that is owed or due
Accounts: A record or statement of financial expenditure and receipts relating to a particular period or purpose
Bureaucracy: a system of government in which most of the important decisions are made by state officials rather than by elected representatives
Crisis: A crucial or decisive point or situatuion, especially a difficult or unstable situatuin involving an impeding change
Participation of the State in Economy 
- Market forces - without state intervention
- Captial concentration in few hands increase poverty
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Neoliberalism
How?
Implement polices like -Economic adjustment -Elimination of subsides -Reduction of public employees -Privatization of state-owned enterprises
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State and Crisis
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1999 crisis: Importance of State promoting investment to generate development, jobs, strengthen production, etc.
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The State Account
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The external or internal debt is made when this income is not enough