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What is the opposite of mercantilism?
capitalism
What is the opposite mercantilism?
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.
What are the similarities between socialism and capitalism?
Socialism and communism are similar in the way they are supposed to work - all power being shared equally - and capitalism is similar to socialism in that everybody should ideally get out what they put in proportionally, but communism and capitalism are the exact opposites.
What type of economic system do individuals own most of the businesses?
Capitalism
What is the opposite of mercantilism?
capitalism
What is the opposite mercantilism?
capitalism
What is the opposite of communalistic sharing?
Capitalism
What is the opposite of communist?
capitalism
What two ideologies were most opposite of other?
Capitalism and Communism.
What is the opposite of capital?
The opposite of capitalism is communal ownership of businesses, usually framed as COMMUNISM.
What two ideaologies were directly opposite of each other?
Communism and Capitalism.
Did capitalism develop from communism?
No. The opposite happened. Karl Marx's critique of capitalism was what started communism.
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.
Which two indeologies were most directly opposite of each other?
Communism and capitalism
Which two ideologies were mosy directly opposite of each other?
communism and capitalism
What countries in Europe are under Capitalism?
All countries in Europe follow Capitalism. Only four countries in the world follow Socialism (the opposite of Capitalism), who are China, Laos, Vietnam, and Cuba. However, none of these countries are in Europe.
