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opinion because they are explaining how it is and some people might not feel that way because what opinion means is how someone or something feels about another thing, but its not true sometimes.

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Q: Is this statement Capitalism is a better system of government than communism fact or opinion?
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Did Karl Marx make a contribution to economics?

Yes, he philosophized the economic system of Socialism and other leftist political systems such as Communism, which had economic elements. Socialism and communism are actually two distinct politico-economic systems - they both have their own political and economic systems. Marx also wrote the most systematic (at the time, and in my opinion, to date) critique of capitalism. In fact, I think its wrong to describe communism as a political system - democracy is the political system of communism - communism is fundamentally an economic system.


Is capitalism exploitive?

Actually, I believe you mean "exploitive". My answer is no. There is crony capitalism that ruins the lives of true capitalists that work hard to earn an honest living. Crony and corpratist capitalism exploits the lives of people by creating an artificial economy ultimately, which consists of economic planning, hyperinlflation, corporate lobbying, and other corporate-government conjoining programs. This is how the rich-poor divides get larger. See Keynesian Theory. Real capitalism has always, in my opinion, been an excellent system that allows people to live their lives, earn a living, work out their own problems, and ultimately make their own decisions - without any government intervention or interference.


What is Positive statement?

A position statement is an opinion.


The inflation rate is too high is this a normative statement?

Yes it is. A normative statement is one in which a person says something is factual based on their opinion. It is purely subjective.


Why does the distinction between positive and normative statement matter for economics?

A positive normative is one which can be examined by referring to facts i.e 80% of your microeconomics class is made up of females. while a normative statement cannot be tested by examining facts it is an opinion or value judgement.

Related questions

What is a sentence using the word candor?

The word "candor" is to have unreserved, honest, or sincere expressions. That is, a truthful, honest opinion or statement about something. "He described capitalism and expressed his dislike with candor."


When did communism actually become a threat?

It was considered a threat with the Russian Revolution and the Chinese civil war during WW2 brought that threat to the forefront. Communism was always a threat to capitalist governments due to it being the exact opposite of what capitalism stands for. Though, recognize what communism is, and not what it was made out to be. Different Opinion Communism was never a threat. The West took it as a threat because several natiosn were taking that government and it was the opposite of Capitalist West's views. In addition, Communism was the government of the Soviet Union, America's 'opponent' during the Cold War (from this era most anti-Communist sentiment comes). Some other people, myself included, take it a little further by saying the US simply didn't want to recognize that it had met a government better than its own. Few people can actually tell you what Communism is; all the know is that it carries a negative connotation, which is just ridiculous/


What has the author Ludmila Stern written?

Ludmila Stern has written: 'Western intellectuals and the Soviet Union, 1920-40' -- subject(s): Intellectuals, History, Politics and government, Foreign public opinion, Attitudes, Communism, Communism and intellectuals


What is a conflict statement?

A statement which has an opposite opinion to a theory


Did Karl Marx make a contribution to economics?

Yes, he philosophized the economic system of Socialism and other leftist political systems such as Communism, which had economic elements. Socialism and communism are actually two distinct politico-economic systems - they both have their own political and economic systems. Marx also wrote the most systematic (at the time, and in my opinion, to date) critique of capitalism. In fact, I think its wrong to describe communism as a political system - democracy is the political system of communism - communism is fundamentally an economic system.


What was Mao Zedong's opinion about the use of military force to spread Communism?

Considering how he led an armed revolution to install a "communist" government in China, he appears to be pro-use of force.


What is a statement called that tells what a person thinks or believes?

A statement that tells what a person thinks or believes is called an opinion, sometimes known as a belief.it is known as a belief


What has the author Earl Browder written?

Earl Browder has written: 'The Nazi progrom' -- subject(s): American Foreign public opinion, Causes, Foreign public opinion, American, Jews, Munich Four-Power Agreement (1938), Persecutions, Politics and government, World War, 1939-1945 'Teheran' 'Who are the Americans?' -- subject(s): Communism 'Religion and communism' 'The way out'


What are the 3 elements of speech?

The three elements of speech are articulation (the formation of clear and distinct sounds), voice (the tone and pitch of the speaker), and fluency (the smoothness and flow of speech). These elements work together to convey meaning effectively.


What was Orwells opinion of communism?

George Orwell was a socialist. He definitely opposed communism, you can tell by what happened to the communist settlement in "Animal Farm".


What is a math statement?

A statement that can be proven true or false. Not a question, not a command, and not an opinion.


What is a bold statement?

When you "make a bold statement", you express an opinion in a brave way.