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Which of school of thought believes in the neutrality of money?

Classic economic thought is the school of thought that believes in the neutrality of money.


What are The three main ideas behind capitalism as defined by Adam Smith?

All companies should distribute their profits evenly throughout the population.The means of production should be owned by the state.all companies should distribute their profits evenly throughout the populationThe government should guarantee a basic standard of living for everyone.The means of production should be owned by the stateThe means of production should be owned by the stateAll companies should distribute their profits evenly throughout the population.The Government should guarantee a basic standard of living for everyone(apex)


What ideology believes that the capitalist system should be eliminated for the good of society?

The ideology that advocates for the elimination of the capitalist system for the good of society is primarily known as socialism. Socialists argue that capitalism leads to inequality, exploitation, and social injustice, and they seek to create a system where resources and means of production are collectively owned or regulated by the state. This aims to promote social welfare and ensure that wealth is distributed more equitably among the population. Variants of socialism can range from democratic socialism, which seeks reform through democratic means, to more radical forms that advocate for revolutionary change.


What economic system believes in a free market?

Nobody really believes in a truly free market. Under all forms of capitalism, the state plays a major role.


What is socio-historical?

Socioeconomics is a social science that studies the effects of both economics and social factors and how they affect each other. This usually takes place when there has been some type of economic change within an area.

Related Questions

Which early political party formed to promote a loose construction of the Constitution and a strong central government?

The Democratic political party was formed to promote a loose construction of the Constitution and a strong central government. The Democratic Party believes the Constitution is only a guideline.


What party believes that government should support the poor?

democratic


A political movement that believes in an extreme form of nationalism?

fascism


What are the political believes of Benito Mussolini?

fascimhe believed in socialism.


What party believes in the political or social equality of all people?

The Republicans Do


What is the meaning of democrative?

The meaning of the word democratic is: characterized by free and equal participation in government or in the decision-making processes of an organization or group. this is the right answer belive me if not u are wrong


Who is someone who believes in the right to vote called?

Suffrage is the right to vote gained through the democratic process. This can also be called political franchise, or just plain franchise. Suffrage is often used in terms of elections or representatives, but it can also apply to initiatives and referenda.


What political party does Barack Obama represents and what values does he come to office with?

Barack Obama is a Democrat, and most objective sources would say he is a centrist: he is liberal on social issues but more conservative on issues like defense. His values are similar to those of most members of the Democratic party. Among his beliefs are these: he believes that government can (and should) play a role in improving people's lives; he believes it is important to help the poor and the working-class; he believes in equal rights for women and for gay people; and he believes in the separation of church and state.


Which main American party tends to believes in government regulation?

Actually, history will demonstrate that both parties believe in a certain amount of government regulation; but the Republicans like to insist it's only the Democratic party which believes in it.


How do you use the word democratic in a sentence?

A democrat is a person who believes America's proper role in the world is as a keeper of the peace rather than an instigator of war; who believes America should not torture people, who believes in protecting the environment rather than polluters; who thinks the votes of middle class people should count as much as that of rich people; in other words, a person who is NOT a Republican!


A PAC believes that it is buying when it contributes to an election?

A PAC (Political Action Committee) believes that when it contributes financially to a political campaign, it is essentially buying influence or support from the candidate or party they are supporting. In other words, they view their contributions as a means to gain favor or promote their own interests in the political process.


What political party believes Keynesian policies?

The Democratic Party is generally more supportive of Keynesian policies in the United States, although in recent years Republicans have spent considerable amounts of money as well. In the UK, the Labour and Liberal Democrat parties are more friendly to Keynesian ideology.