I betc you have the medieval book. AND YOU'RE CHEATING ! it's OK I've been there too XD
Karl Marx A+
mass production
A capitalist economic system is what supported the colonial economy. This meant that the economy was built upon people who could capitalize off of it.
A socialist economic system eliminates unemployment by employing all able workers. If there is a surplus of workers, average working hours are reduced. The reduction in wages is made up to each individual worker through owning a share of industry (public ownership of the means of production). In effect, while a capitalist economy suffers unemployment from increasing automation, a socialist economy could just reduce the average working day for each worker while maintaining full employment.
America uses a Fractional Reserve Monetary System. or you could just say mixed capitalism
I betc you have the medieval book. AND YOU'RE CHEATING ! it's OK I've been there too XD
Karl Marx A+
just stopping the corruption the financial and economic conditions of the country will be improved . And by paying labourers and workers proper wages
Lenin was not a Marxist, so there can be no such system. Lenin advocated workers being led, whereas Marx believed workers could and should liberate themselves.
mass production
A capitalist economic system is what supported the colonial economy. This meant that the economy was built upon people who could capitalize off of it.
It revealed that the poverty could be caused by a flawed economic system, not just by personal irresponsibility.
A socialist economic system eliminates unemployment by employing all able workers. If there is a surplus of workers, average working hours are reduced. The reduction in wages is made up to each individual worker through owning a share of industry (public ownership of the means of production). In effect, while a capitalist economy suffers unemployment from increasing automation, a socialist economy could just reduce the average working day for each worker while maintaining full employment.
it decided peoples jobs and where they lived. Also who they could and couldn't marry
Adam Smith's ideas, particularly his emphasis on the benefits of division of labor and self-interest, contributed to the development of a capitalist economic system. This system led employers to focus on maximizing productivity and minimizing costs, which could sometimes result in workers being viewed as factors of production rather than individuals with rights or needs. Smith's ideas laid the foundation for modern labor practices and influenced the emergence of labor movements advocating for workers' rights.
The lords could survive much more easily and all the workers were safe. Trade was too dangerous so the workers stayed on the land.
America uses a Fractional Reserve Monetary System. or you could just say mixed capitalism