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Businesses should gain and lose according to their own efforts
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∙ 11y ago
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What are the fundamental institutions of the present economic system?
what are the fundamental of instituion of our present economic sytem
What would a laissezfaire policy regarding drugs involve?
no government regulation
What is The idea that people rule the market?
capitalism
What is capitalism like?
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
Which system of economic ideas seems most widespread today?
1. The economic idea that seems to be the most widespread is the idea of capitalism
What are the fundamental institutions of the present economic system?
what are the fundamental of instituion of our present economic sytem
Who provided central idea of capitalism?
Adam Smith
Is Karl Marx bad in the history?
no! because he developed the idea of capitalism and lightened the mind of all the people about the capitalism
What did laissezfaire supporters believe about the role of government in economic affairs?
Entrepreneurs
What would a laissezfaire policy regarding drugs involve?
no government regulation
Which idea was NOT a part of the agriculture of most native American?
Capitalism
What is The idea that people rule the market?
capitalism
Why do you think the idea of the penitentiary first caught on in the US?
Capitalism and racism
What is capitalism like?
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
What is a sentence with fundamental?
Fundamental idea (I don't know a full sentence but maybe this could help you a little)
Why can't capitalism be regulated without killing it?
Capitalism is a principle based upon the idea of free markets. it is believed in theory that any regulation by government or other parties ruins the idea of free market and economy.
What is the idea that people own their own property and work for their own profit?
Capitalism
