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Responsible capitalism is where private companies act competitively but have a limit to how far they can compete; prevents monopolies. It recognizes the infringement of someone else's personal freedoms. Social justice of equality is important and must provide those who are unable to access certain needs, the ability to have it. For example, public healthcare. This system emphasizes being against the "every man for himself" mentality
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoCapitalism is an economic system that involves privately owned industries, trade and means of production. There is no government intervention.
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Who was largely responsible for the rise and triumph of capitalism?
Adam Smith
What type of economic system do individuals own most of the businesses?
Capitalism
What is capitalism in a sentence?
"My mom thinks that the movie In Time, is against capitalism" Is a sentence using capitalism.
What is an economic system in which most of the economy's resources are privately owned and managed?
capitalism.
What does Bosnia practice communism socialism or capitalism?
Capitalism
Who was responsible for the rise and triumph of capitalism?
Adam Smith
Who was largely responsible for the rise and triumph of capitalism?
Adam Smith
How was Columbus responsible for initiation capitalism in the new world?
by getting gold for the king
Should companies be responsible for unemployment caused by the information systems Why or why not?
Yes they should be responsible.
What factor was most responsible for British leaders' failure to pass laws addressing pollution and workplace safety early in the Industrial Revolution?
Capitalism! (C)
What type of economic system do individuals own most of the businesses?
Capitalism
What is capitalism in a sentence?
"My mom thinks that the movie In Time, is against capitalism" Is a sentence using capitalism.
What is an economic system in which most of the economy's resources are privately owned and managed?
capitalism.
Which economic system calls for a maximum of collective ownership?
Classical capitalism
What was the goals of European liberals?
Capitalism. Individual rights and freedoms Greater representation for the people
What is capitalism in A little sentence?
"My mom thinks that the movie In Time, is against capitalism" Is a sentence using capitalism.
What does Bosnia practice communism socialism or capitalism?
Capitalism
