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Why do you think some economists believe that unrestricted capitalism would help all of society?
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Why do you think some economists believed that unrestricted capitalism would help all society?
This is a homework essay assignment not a simple question. WikiAnswers does not help lazy, feckless students cheat by providing them with answers to their homework assignments. However if, while you are doing this homework, there are points you do not understand we will provide answers to help you with these.
What is the opposite to capitalism?
A society with none of the hallmarks of capitalism, i.e. classes, wages, production for sale, government, armies. So Communism, a classless stateless society based on production for use.
What type of economic system did Adam smith promote?
Marx was opposed to capitalism, and wanted it replaced by a classless Socialist society.
Is the US a capitalist society?
Yes, the US is an example of capitalism.
Do economists use graphs to analyze the choices and trade offs that people make in society?
True
Why do you think some economists believed that unrestricted capitalism would help all society?
This is a homework essay assignment not a simple question. WikiAnswers does not help lazy, feckless students cheat by providing them with answers to their homework assignments. However if, while you are doing this homework, there are points you do not understand we will provide answers to help you with these.
Why would capitalism have difficulty functioning in a society that does not assure these rights for its citizens?
Capitalism will have difficulty functioning in a society that does not assure these rights for its citizens because of the less population in a country.
True or false Economists study the processes of the human mind?
False - economists are concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society
Does Mercantilism or Capitalism justify the practice of a country enriching itself by establishing or exploiting foreign countries?
Bourgeois, or mainstream, economists often argue that capitalism is a system that if it worked correctly, without state interference and the power of monopolies and so forth, should lead to material prosperity of all. Adam Smith refered to capitalism as the "system of perfect liberty." But what they fail to grasp is that exploitation and poverty are fundamental parts of a capitalist economy and society, it is simply a basic part of the system.
What is the opposite to capitalism?
A society with none of the hallmarks of capitalism, i.e. classes, wages, production for sale, government, armies. So Communism, a classless stateless society based on production for use.
Did capitalism develop from communism?
No. The opposite happened. Karl Marx's critique of capitalism was what started communism.
What type of economic system did Adam smith promote?
Marx was opposed to capitalism, and wanted it replaced by a classless Socialist society.
What are the 5 stages of society?
The five stages of society proposed by sociologist Gerhard Lenski are: hunting and gathering societies, horticultural and pastoral societies, agrarian societies, industrial societies, and post-industrial societies. These stages represent the progression of human societies in terms of technological advancements and social organization.
What is Carnegie gospel of wealth?
capitalism was part of the natural development of society.
Is the US a capitalist society?
Yes, the US is an example of capitalism.
Do economists use graphs to analyze the choices and trade offs that people make in society?
True
What is a major disadvantage of capitalism?
Capitalism doesn't meet the needs of everyone. Specifically, capitalism doesn't meet the needs of the least skilled, disabled, young/old, or the least productive members of society.
