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models based on the regulating role of state in the economy and in the fulfillment of social problems. It stands to reason that the difference in the models of the market economy are due to different possibilities, structures and traditions of the countries. When considering the models of market economy, we must take note of the fact that their formation has been influenced lately by the experience of our country and, first of all, by social problems such as gratuitous education and public health services, an eight-hour working day, planned economy, etc. This is pointed out not only by the scientists of capitalist countries but even by capitalists themselves. The American model is based on the system of utmost stimulation of enterprises, the attainment of personal interest, the enrichment of the most active part of the population. The problem of social equilibrium is not considered, the direct interference of the state into the economy is insignificant, an acceptable standard of living of the less provided groups of population as well as the regulation of other problems of economy are ensured at the expense of the redistribution of parts of the national income and taxes. The national economy of the USA is characterized by a high level of well­ being. In the American model exchanges play a decisive role. However, we must not ignore the fact that in the USA the market relations represent a free, unregulated economy. The state exerts a stimulating effect on the market at all the three levels of management: the federal government, the governments of states, and the municipal administrations. This regulation is ensured by the antimonopolistic legislation, taxation, the control of prices, the system of state licensing on the export of goods. The control of currency circulation is assured by bank credits. An essential criterion of the organization of a regulated market is a complete information concerning all goods, their quality, prices, which serves as a good guide for producers and consumers. The government also controls the affairs on the market of manpower and defines the minimum level of wages for every year. Finally, the market of manpower is also regulated by means of the establishment of workplaces. Thus, we cannot speak of an all-round free market since the contemporary market is of a mixed character. This is substantiated by the consideration of other models of market economy. The Japanese model is characterized by a leading role played by the state in the main directions of the economy. It takes a direct part in establishing certain industries. The economic activities are directed at the fulfillment of the general national tasks. The sense of national pride is highly developed. The solution of social problems is the task of various production corporations, associations, and the workers’ participation in the management of the production processes is encouraged. The Japanese model is characterized by a certain lag in the standard of living from the increase in labor productivity, and this ensures high competition of Japanese goods on the world market and lowo- expenses as compared with analogs in other civilized countries. Here, the regulating influence exerted by the state on the economy of the country is very considerable. The German model of market economy is close to the Japanese style, and, therefore, these two models are often combined into a Japanese-German model although the difference between these 1 6 1