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A capitalist is a person who supports the tenets of capitalism, including the development of free markets.
And capitalism is an economic system based (to a varying degree) on private ownership of the factors of production (capital, land, and labor) employed in generation of profits. It is the oldest and most common of all economic systems and, in general, is synonymous with free market system.
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∙ 14y ago
A capitalist is someone who believes in and participates in a capitalist economic system where private individuals and businesses own and control the means of production for profit. They support an economic structure based on private ownership, free markets, and competition.
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Is armenia a capatalist country?
yes Armenia is a capitalist country.
Which characteristic is the country most likely to have?
It depends on the context or criteria being considered. Characteristics can vary greatly between countries, ranging from cultural traits, economic indicators, political systems, or geographic features. It is important to specify the type of characteristic in order to determine which country is most likely to possess it.
Is Lithuania socialist or capatalist?
Lithuania became capitalist after the fall of the Soviet Union.
What were two pre World War 2 causes of the Cold War?
1.The fact the USA was capatalist and the USSR was communist 2. both capatalist countries and communism where both trying to fill the vacum created by the fall of the Nazi and Japanese empires
How did the command economy under Stalin differ from a capatalist economy?
A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.
Are there laws against employers not giving you your paycheck on time?
unfortunatly no, capatalist are able to hold employees checks and draw the interest from the banks that hold them, this allows the employer to use the interest off your money to pay you. This gives the company ways out of our hard earned labor. The crazy thing is we work to make them rich for scraps and then turn around and make them richer and ourselves poorer buy consuming their products. It's an endless cycle.-
What three key beliefs about Americas industrial capatalist economy were reflected in the open door policy?
Key American beliefs were reflected in the Open Door policy. They included: 1. Exports were vital for the growth of the American economy. 2. The United States believed they had the right to intervene to keep foreign markets open. 3. They believed that the survival of America was threatened if places were closed to American products, citizens and ideals.
What are the different types of economics systems?
Light exercise plans are recommended that will not put a large amount of strain on your bones, such as swimming. This should be done at least 3 times a week. The condition can also be managed with a healthy lifestyle including a good diet and not smoking.
Why was communism frowned upon by the Americans?
There are some key factors.A) It is unconstitutional - because of redistribution of wealth - Income tax was unconstitutional until the 16th AmendmentB) It calls for a dictator in order to not fall apartC) Marxist philosophers have talked about gasing those who are mentaly unfit, or disabledD) Marxism talks about forced starilization to stop unneeded births of certain groups of people.E) Mao Tse Sung Communist dictator of China killed between 70 Million and 80 million of his own people. To be safe I stick with saying 70 million.F) Stalin killed between 10 million and 20 millionG) Communist dictators see the people as worker ants, and the fruit of their labor as property of the state to be used for war, causing mass starvation, and povertyH) Communism, and Marxism sees war as the salution to economic problems (true, but prolonged war, usually ends is a broke nation)I) Communsim you own nothingJ) Communism there is no religionK) Communism the Government has unlimited power and can take away anay of your rightsL) Communism sees no individual rights, besides right to work, and right to restM) Communism always ends in a ruinned economyN) There is not enough money in the World let alone the US for redistribution of wealth to have a possitave effectNO!!! None of the above are correct. The whole idea of communism is a fair and equal society preferablly over the world. It only ends in a ruinned economy becasue rich people in capatalist countrys are desprate to stop communism because it means the end of rich perople like themselves so they steer the country against communism like america. People were mindwashed and tought from a young age that communism was a terrible idea. This is still tought today.The guy above me is a idea, and typical marxist radical.Communisma is form of socialism that abolishes private ownership, as well as socioeconomic classes.http://wordnetweb.princeton.edu/perl/webwn?s=communismNow to explain the reasons I listed above in more detail.A.) "No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation." ~ US Bill of Rights, and 5th Amendment to the US constitution.B.) Communism requires either a dictatorship, or anarchy. Anarchy never lasts, and usually ends up turning into a dictatorship. Somalia is Anarchist, and use to be a Communist Dictatorship. They are war torn, and dirt poor. In a state of Anarchy, there will always be warlords, looking to take control of the region.C.) George Bernard Shaw purchased ads in various newspapers around Europe, in which he appealed to the chemists to "discover a humane gas that will kill instantly and painlessly. In short- a gentlemanly gas deadly by all means, but humane, not cruel."Shaw also said in a recorded interview, "I don't want to punish anybody, but there are an extraordinary number of people who I might want to kill…I think it would be a good thing to make everybody come before a properly appointed board just as he might come before the income tax commissioner and say every 5 years or every 7 years…just put them there and say , 'Sir or madam will you be kind enough to justify your existence…if you're not producing as much as you consume or perhaps a little bit more then clearly we cannot use the big organization of our society for the purpose of keeping you alive. Because your life does not benefit us and it can't be of very much use to yourself"D. Karl Marx advocated genocide and eugenics of certain groups of people, including certain races, as well as the disabled. His reasoning was that they would hinder societal development, and he pointed to Darwinism to support this claim.E.) Self explanatoryF.) Self explanatoryG.) Communism favors collectivism. The Individual is insignificant compared to the Collective community.H.) Karl Marx promoted war, and pointed to Darwinism, to suggest that war helps society grow. Sun Tzu, in the book the Art of War, Said that prolonged war causes a society to collapse, as was the case with the Soviet Union.I.) In communism there is no private property, only public property.J.) Name a communist country that has a good economy.K.) see BL.) See the Soviet Constitution.M.) See JN.) The world population is 6.8 billion, and the world GDP is $63,040 billion. That is $9,270.59 per person. In the US an annual salary of $20,000 is considered poor.
