answersLogoWhite

0

What reflects the economic and social idea of capitalism?

Updated: 8/21/2019
User Avatar

Wiki User

6y ago

Best Answer

Minimum standard of living,equality, social morality brings change. - apex

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What reflects the economic and social idea of capitalism?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which system of economic ideas seems most widespread today?

1. The economic idea that seems to be the most widespread is the idea of capitalism


What is capitalism like?

Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.


How does capitalism detriment social justice?

Social justice promotes equal opportunity for all. Capitalism is a system run by money and achivement of personal gains. So in some respects, capitalism is a system where the rich get richer and poor get poorer, and the poor have almost no way to climb out of poverty. Capitalism can be viewed as a discrimination based on wealth, and thus counters the idea of social justice.


What statement from the Declaration of Independence best reflects the enlightenment idea of the social contract?

Cause they just are


The excerpt most reflects which Enlightenment idea?

natural rights social contract


What enonmic idea did the us adopt from Adam smith?

Adam Smith was the first to introduce Laissez-faire capitalism. This is a policy that states that government should not run economic affairs.


How did political economic and social conflicts result in the independence of south Sudan?

i have no idea but i need this for a social studies project


What is Karl Marx's theory of economic determinism?

Karl Marx's theory of economic determinism holds that the development of society and history is primarily driven by the economic interactions and relationships between different social classes. He believed that the economic system in place, particularly capitalism, determines the political, social, and cultural structures of a society. According to Marx, changes in the mode of production lead to transformations in society, ultimately shaping the course of history.


What were the 'Physical 'economic' 'social' and 'political' impacts of the major eruption in 2000?

i honestly got no idea


Was Karl Marx in favor of capitalism?

capitalism would lead first to socialism then to communism


Three of the following are basic ideas of Marxism. Which is NOT?

The four basic ideas of Marxism are historical materialism, the theory of surplus value, dialectical materialism, and the prediction of the eventual overthrow of capitalism by the working class. The idea of promoting economic competition is not a basic idea of Marxism; rather, Marxism critiques capitalism for promoting competition at the expense of the working class.


Which economic system is based on individual choice?

Free market economic systems encourage competition and entrepreneurship through the idea of free choice with little to no government interference or barriers. This is contrast to strict command market economic models such as Stalinism and War Communism where commercial questions are strictly under state control.