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In Marx's economy, there may be a need to sacrifice individual wealth accumulation and the profit motive in order to achieve greater equality. This could involve redistributing wealth and resources more equitably among the population, reducing income disparities, and focusing on meeting the needs of all individuals rather than prioritizing private ownership and profit.

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1y ago

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Under what conditions might government intervention in a market economy improve the economy's performance?

If there is a market failure, such as an externality or monopoly, government regulation might improve the well-being of society by promoting efficiency. If the distribution of income or wealth is considered to be unfair by society, government intervention might achieve a more equal distribution of economic well-being.


How might the song Respect appeal to African Americans struggling for equality during the 1960s and 1970s?

The word respect could be replace with the word equality


How might the song respect appeal to Africans struggling for equality during the 1960 and 1970s?

The word respect could be replace with the word equality


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Treating everyone with equality can be a noble goal, but it can also have unintended consequences. One way in which treating everyone equally might not be fair is that it can limit the opportunities for certain individuals to excel. For example, if everyone is held to the same standard regardless of their abilities, then those who are more talented or capable may not be able to fully develop their potential. Another way in which treating everyone equally might not be fair is that it may not take into account the different starting points that individuals have. For example, someone who has grown up in a disadvantaged environment may require more resources and support in order to achieve success than someone who has grown up in a more privileged environment. Treating both individuals the same may not be fair to the person who has had fewer opportunities. Additionally, treating everyone with equality can lead to a lack of diversity and can be detrimental to the growth of society. People have different strengths, weaknesses, and talents, and when everyone is treated the same it can limit the potential of the group. It is important to note that equality of opportunity is different than equality of outcome. Equality of opportunity means providing equal access to the same resources, education and other opportunities for success, regardless of background. Equality of outcome aims to achieve equal results across different groups, which can be difficult to achieve and may be limiting for some groups.


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Equality must begin with the task(s) at hand. If equality is a goal, then teamwork might be lost. Respect for another person is the key to any relationship. People, by definition are not equal in all skills, talents or interests.


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A government that operates a market economy MIGHT become involved in the economy?

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What do Freemasons sacrifice?

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Do you have to wait till he call back?

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Which behavioral therapy intervention might be used in a special education classroom for children with ADHD?

Token economy


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