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What could price lists and lists of workers wages tell us about a peoples economic system?
Wiki User
∙ 9y ago
I betc you have the medieval book. AND YOU'RE CHEATING ! it's OK I've been there too XD
Wiki User
∙ 9y ago
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Which economic theorist believed that the division of labor could make workers become like machines?
Karl Marx A+
What could be considered an important aspect of the American economic system?
mass production
What economic system MOST supported the colonial economy?
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.
Does socialism economic system reduce the unemployment?
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.
What is Americas economic system?
America uses a Fractional Reserve Monetary System. or you could just say mixed capitalism
What could price lists and lists of workers' wages tell us about a peoples' economic system?
I betc you have the medieval book. AND YOU'RE CHEATING ! it's OK I've been there too XD
Which economic theorist believed that the division of labor could make workers become like machines?
Karl Marx A+
What could be done to improve the level of economic development in India?
just stopping the corruption the financial and economic conditions of the country will be improved . And by paying labourers and workers proper wages
What is Marxism-Leninism system?
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.
What could be considered an important aspect of the American economic system?
mass production
What economic system MOST supported the colonial economy?
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.
How did the great depression change American attitudes about welfare?
It revealed that the poverty could be caused by a flawed economic system, not just by personal irresponsibility.
Does socialism economic system reduce the unemployment?
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.
How did the caste system provide a sense of order?
The caste system provided a sense of order by dividing society into distinct social classes with predetermined roles and responsibilities. It established a clear hierarchy where individuals knew their place in society based on birth, and this helped maintain social stability by regulating interactions between different castes. The system also provided a sense of identity and connection within each caste group, fostering a sense of belonging and community.
How the caste system provides a sense of Order?
it decided peoples jobs and where they lived. Also who they could and couldn't marry
How did Adam smith's ideas influence employer's treatment or workers?
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.
What were the advantages of the manorial system?
The lords could survive much more easily and all the workers were safe. Trade was too dangerous so the workers stayed on the land.
