answersLogoWhite

0

Capitalism is the economic system that dominates the world today. Economics is a study that tries to understand how economies work, when economists today refer to the economy, they are referring to the capitalist system. Though economists only use the term "capitalism" on a more regular basis when it is in crisis.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Economics

How is industrialization and globalization related?

globlization and mcDonalization are system of capitalism


What is the increased spread of international ties and spread of Western capitalism worldwide is?

Globalization


Karl marx predicted the laissez-faire capitalism would result in?

The destruction of precapitalist forms of social relations, The undermining and/or transformation of national boundaries, cultures, identities, and politics, The inevitable globalization of capitalism to all the world.


What was lenins theory about capitalism?

- War caused by the stresses and strains of monopolistic capitalism. - Capitalist overproduction requires the continual expansion of markets, sources of raw materials and profits. - Colonial conquests by capitalist powers. - After all the available lands for expropriated and exploited, the incessant demand for more leads to wars among the capitalists powers themselves. - Lenin's view in Lenin's view capitalism causes war and with the destruction of private capitalism, wars will no longer occur.


What are 2 views on the history of globalization?

One view on the history of globalization emphasizes its long-standing nature, arguing that trade, migration, and cultural exchange have been occurring for centuries, with roots traceable to ancient civilizations. In contrast, another view posits that globalization is a relatively recent phenomenon, accelerated by technological advancements and policy changes in the late 20th century, leading to unprecedented interconnectedness and economic integration. These differing perspectives highlight the complexity and multifaceted nature of globalization throughout history.

Related Questions

What has the author Masanobu Ido written?

Masanobu Ido has written: 'Varieties of capitalism, types of democracy and globalization' -- subject(s): Globalization, Democracy, Capitalism


How is industrialization and globalization related?

globlization and mcDonalization are system of capitalism


What is the increased spread of international ties and spread of Western capitalism worldwide is?

Globalization


What has the author Mary Elizabeth Gallagher written?

Mary Elizabeth Gallagher has written: 'Contagious Capitalism' -- subject(s): Capitalism, China, Commercial policy, Economic aspects of Globalization, Foreign Investments, Globalization, Government policy, Labor, Political aspects of Foreign investments, Politics and government


What was Arthur Miller's view on capitalism?

Arthur Miller felt that capitalism was dangerous and that it was selling lies to Americans.


Karl marx predicted the laissez-faire capitalism would result in?

The destruction of precapitalist forms of social relations, The undermining and/or transformation of national boundaries, cultures, identities, and politics, The inevitable globalization of capitalism to all the world.


What is the ideology of communist party of India marxist?

It strongly advocates anti-capitalism, anti-globalization, anti-imperialist sentiments. Upholds Marxist philosophy.


What has the author Pascal Michon written?

Pascal Michon has written: 'Les rythmes du politique' -- subject(s): Capitalism, Democracy, Globalization, Rhythm


What has the author Nam-ju Yi written?

Nam-ju Yi has written: 'Ijung kwajeron' -- subject(s): Globalization, Civilization, Democracy, Capitalism


How has china's view of capitalism change?

slowly allowing more ownership of private property.


How did Karl Mark and Freidrich Engels view homosexuality?

They saw it as a disease caused by capitalism


What has the author Daniel Gluckstein written?

Daniel Gluckstein has written: 'Lutte des classes et mondialisation' -- subject(s): Capitalism, Globalization, Social conflict, Socialism '\\'