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Mixed Economy

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                                                   Mixed Economy A mixed economy refers to the economic system where the economic activities are directed by both private individuals and the government. It reflects the characteristics of both market and planned economy. According to Professor Samuelson, “Mixed economy is that economy in which both public and private sectors cooperate.” How does the mixed economic system work: A mixed economic system carries the characteristics of both the planned and market economies. In planned economies, the government regulates the market and controls the strategic industries. Examples of countries with planned economies are Cuba, North Korea, and the Former Soviet Union. In the market economy, prices and supply-demand of goods are controlled by private individuals with key industries owned by private enterprises. E...
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Axioms of Interpersonal Communication

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                                   Axioms of Interpersonal Communication In 1960, the philosopher and communication theorist, Paul Watzlawick, established the five axioms of human communication in his 1967 book "Pragmatics of Human Communication: A study of interactional patterns, pathologies and paradoxes", which serve as a fundamental for studying human interaction communication. The axioms that underpin effective communication are: 1.       The inevitability of communication (also known as one cannot not communicate): Humans are social animals; they communicate as soon as they perceive each other. Individuals cannot remain in an uncommunicative state. Even silence (absence of actions or words) can be perceived as having some meaning. e.g: lack of interest, boredom, ignorance, acceptance...
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