they are dangerous because they can cause trouble and make fights btween people so dont get in a monopoly
Because they use guns and knives which are bad bad and can hurt.
-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.
The attempt to modify capitalist economy occurred in China. "It does not matter if cat is black of white, so long as it catches mices." Deng Xiaoping
It is called a bear market - so a BEAR!
I do not see how capitalism could exist without the concept of private property, but I have heard there are some elements of capitalism in socialist countries which do not allow private property, so perhaps it is not essential.
Japan operates a market economy that adheres to many basic capitalist concepts. However because it does expect citizens to pay tax for infrastructure and some public services so it would be fair to describe it as a mixed economy.
Government mandated monopolies hurt the economy by forbidding competitors that would have lowered prices. The non-government monopolies, who just were monopolies for being so great at offering the lowest prices and best products, did not harm the economy.
-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.
The attempt to modify capitalist economy occurred in China. "It does not matter if cat is black of white, so long as it catches mices." Deng Xiaoping
It is called a bear market - so a BEAR!
I do not see how capitalism could exist without the concept of private property, but I have heard there are some elements of capitalism in socialist countries which do not allow private property, so perhaps it is not essential.
The monopolies and trusts caused corruption in the government by supporting pro-business representatives in the Senate and House of Representatives. Also, because these vast corporations had so much power in the economy America, they threatened the government into behaving to their desire by reminding it that they could destroy the economy very easily. So basically, the government was a puppet to the seemingly more powerful business woners like John Rockefeller and J. P. Morgan.
Reagan’s policies involved defending capitalism and the capitalist class, so naturally they led to the maintenance and reinforcement of poverty.
Japan operates a market economy that adheres to many basic capitalist concepts. However because it does expect citizens to pay tax for infrastructure and some public services so it would be fair to describe it as a mixed economy.
trusts were another name for monopolies so antitrust policy was were the government intervene to prevent monopolies from forming
because the communist policies were failing and eventually created a stagnant economy, while capitalist economies tended not to fail so much
Germany has had a primarily capitalist economy since the nation's unification in 1871 and the prior German confederations were also predominantly capitalist, in terms of the national economic policy. Under the Nazis, Germany became a corporatist state as opposed to a capitalist one. This non-capitalist nature continued in East Germany, which after World War II, became a Communist State and remained so until unification with West Germany in 1990. West Germany (and now Germany) has consistently been a capitalist state since its formation after World War II.
Because people criticized that monopolies were unfair and that companies that were using monopolies were too vague. So the government stepped in and made a law that monopolies were no longer allowed. Think of it as the game monopoly. What is your goal? Your goal is to get money and buy all of the companies that are in your way so you would buy their company and there you go, they were out of your way. I hope that helps.