closed economy

简明释义

封闭经济

英英释义

A closed economy is an economic system that does not engage in international trade, meaning it does not import or export goods and services.

封闭经济是指一个不参与国际贸易的经济系统,即不进口或出口商品和服务。

例句

1.In a closed economy, the government controls all trade and commerce.

在一个封闭经济中,政府控制所有的贸易和商业。

2.A closed economy might limit imports to protect local industries.

一个封闭经济可能会限制进口以保护本地产业。

3.A closed economy can lead to inefficiencies due to lack of competition.

由于缺乏竞争,封闭经济可能导致低效。

4.The concept of a closed economy is often discussed in economic theory classes.

在经济理论课上,封闭经济的概念常常被讨论。

5.During the pandemic, many countries operated as a closed economy to prevent the spread of the virus.

在疫情期间,许多国家作为封闭经济运作,以防止病毒传播。

作文

A closed economy is an economic system that does not engage in international trade. In a closed economy, all goods and services are produced domestically, and there is no import or export of products with other countries. This concept can be better understood by comparing it to an open economy, where countries freely trade goods and services across borders. The idea of a closed economy is largely theoretical, as most modern economies are interconnected through trade. However, understanding the implications of a closed economy is essential for grasping economic principles and policies.One of the primary characteristics of a closed economy is self-sufficiency. In such an economy, the goal is to produce everything that is needed for consumption within the country. This can lead to a focus on local industries and agriculture, which may enhance domestic production capabilities. For instance, if a country prioritizes a closed economy, it might invest heavily in developing its agricultural sector to ensure food security without relying on imports. However, there are significant drawbacks to a closed economy. Without access to international markets, a country may miss out on the benefits of comparative advantage, where countries specialize in producing goods that they can produce more efficiently than others. This specialization often leads to lower prices and a greater variety of products for consumers. In a closed economy, consumers may face limited choices and higher prices due to the lack of competition from foreign producers.Moreover, a closed economy can stifle innovation and technological advancement. In an open economy, companies are exposed to global competition, which drives them to improve their products and processes continually. Conversely, in a closed economy, the absence of foreign competition may result in complacency among domestic producers. They may not feel the pressure to innovate or enhance efficiency, leading to stagnation in economic growth.Another critical aspect to consider is how a closed economy affects employment. While it may create jobs in certain sectors, such as agriculture or manufacturing, it can also lead to inefficiencies in the labor market. If a country is not able to import goods that are cheaper or better quality than what is produced domestically, workers in less competitive industries may find themselves at risk of unemployment. This could create a mismatch in skills and job opportunities, leading to higher unemployment rates overall.In conclusion, while a closed economy aims for self-sufficiency and protection of domestic industries, it presents various challenges that can hinder economic growth and consumer welfare. The lack of international trade limits choices for consumers, reduces competitive pressures on producers, and may lead to inefficiencies in the labor market. Understanding the dynamics of a closed economy is crucial for policymakers who must balance the benefits of protecting local industries with the advantages of engaging in global trade. As economies continue to evolve, the challenge remains to find the right balance between openness and protectionism to foster sustainable growth and prosperity for all.

闭关经济是指一种不参与国际贸易的经济体系。在闭关经济中,所有商品和服务均在国内生产,不与其他国家进行产品的进口或出口。这个概念可以通过与开放经济进行比较来更好地理解,开放经济允许国家之间自由地进行商品和服务的交易。闭关经济的概念在理论上占有重要地位,因为大多数现代经济体通过贸易相互联系。然而,理解闭关经济的影响对于掌握经济原则和政策至关重要。闭关经济的主要特征之一是自给自足。在这种经济中,目标是生产满足国内消费所需的所有东西。这可能导致对地方产业和农业的关注,从而增强国内生产能力。例如,如果一个国家优先考虑闭关经济,它可能会大量投资于发展农业部门,以确保在不依赖进口的情况下实现食品安全。然而,闭关经济存在显著的缺点。没有国际市场的接入,一个国家可能会错过比较优势的好处,即各国专注于生产它们能够比其他国家更高效地生产的商品。这种专业化通常会导致价格下降和消费者产品种类增加。在闭关经济中,消费者可能会面临有限的选择和由于缺乏外部竞争而导致的更高价格。此外,闭关经济可能抑制创新和技术进步。在开放经济中,公司面临全球竞争,这推动它们不断改进产品和流程。相反,在闭关经济中,缺乏外国竞争可能导致国内生产者的自满。他们可能不会感受到创新或提高效率的压力,从而导致经济增长停滞。另一个需要考虑的关键方面是闭关经济如何影响就业。虽然它可能在某些行业(如农业或制造业)创造就业机会,但也可能导致劳动力市场的低效。如果一个国家无法进口比国内生产的商品更便宜或质量更好的商品,处于竞争劣势的行业的工人可能会面临失业风险。这可能导致技能与工作机会之间的不匹配,从而导致整体失业率上升。总之,尽管闭关经济旨在实现自给自足和保护国内产业,但它带来了各种挑战,这些挑战可能阻碍经济增长和消费者福利。缺乏国际贸易限制了消费者的选择,减少了对生产者的竞争压力,并可能导致劳动力市场的低效。理解闭关经济的动态对政策制定者至关重要,他们必须平衡保护地方产业的好处与参与全球贸易的优势。随着经济的不断演变,挑战仍然是找到开放与保护之间的适当平衡,以促进可持续增长和全体人民的繁荣。

相关单词

closed

closed详解:怎么读、什么意思、用法

economy

economy详解:怎么读、什么意思、用法