有效率的产权制度为人们提供了正面的激励，促进了经济增长，所以制度是重要的。

The efficient property orders have offered the positive encouragement for human's behaviors, and enhanced the pace of economic growth, therefore the institution is important.

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资本集中化制度变迁后，经济活动以非物质激励为主，交易成本表现为计划成本。

After the system change of capital centralization was done, the main economic incentive was nonmaterial, and the transaction cost was the planning cost.

youdao

资本集中化制度变迁后，经济活动以非物质激励为主，交易成本表现为计划成本。

After the system change of capital centralization was done, the main economical stimulation was nonmaterial, and the trade cost was the plan cost.

youdao