1.Which philosophers have discussed capitalism? What were their interpretations of it? Were there any solutions offered?

Q: explain ythis slide in regards to a green economy. i need about 1 minute to 2 minutes of information…

A: The concept of Green Capitalism represents both a challenge and an opportunity in balancing economic…

Q: Can Capitalism be classified as a religion? Explain

A: Capitalism is an economic system based on the private ownership of productive assets and their…

Q: Which of the political tools for controlling economic systems is the best?

A: Answer- Need to find- Which of the political tools for controlling economic systems is the best…

Q: Which of the following is the type of government where most power belongs to states or provinces and…

A: The legal and social framework, the maintenance of competition, the provision of public goods and…

Q: There exists a fundamental contradiction in capitalist ideology: Competition is regarded as a…

A: Capitalism is defined as the economic system that would be based on the private ownership related to…

Q: Compare the pros and cons of two economic systems Communist and Socialism?

A: An economic system, is a method of producing, allocating resources, and distributing commodities and…

Q: A __________ system is a method of making economic decisions that allows individuals and firms to…

A: In an economy, differ forms of markets are operated under different economic or market system.

Q: how do money and debt play a decisive role in the development of the market logic of capitalism?

A: Many businesses and people utilize debt to finance significant expenditures that they otherwise…

Q: ohn Kenneth Galbraith saw modern capitalism as   A.dominated by large enterprises and…

A: Macroeconomics refers to the branch of economics that deals with the economy as a whole. For…

Q: Which of the following is not a typical characteristic of a market system? freedom of choice…

A: Option 3  Government production planning    the standard market system everything is closely-held…

Q: Why did Eugene V. Debs believe in changing the structure of society and implementing public…

A: Eugene V. Debs was a anti-war, political activist, trade unionist, and committed social activist. He…

Q: What are examples of distributive and integrative negotiation?

A: Integrative negotiation is a strategy in economics that seeks to create mutually beneficial outcomes…

Q: Marx held that to understand the fundamental relationships of capitalism, one had to look at the…

A: Why one had to look at the sphere of production? As per Karl Marx version of economics, People…

Q: Compare and contrast political economy and political system.

A: Despite the fact that the terms political economy and political system are sometimes used…

Q: A mixed economy combines the best parts of which other types of political economy?

A: In this question, we are discussing the concept of a mixed economy and identifying the other types…

Q: In general, what are some of the tactics the government uses to correct market failure? List 3 and…

A: Since you have asked multiple questions, we will answer only the first one for you. If you want the…

Q: 3. For Marx what is inherently exploitative about capitalism?

A: Karl Marx's theory of exploitation, which holds that workers in a capitalist society are exploited…

Q: Adam Smith, how would a market economy accomplish that harmony about which he describes?  What is…

A: The market economy is one in which the forces of supply and demand determine market price and…

Q: What does marxist economy means? What sectors of economies are being controlled? Why are they being…

A: Economics: Economics refers to the making of choice at the time of scarcity. So, it can be said that…

Q: If capitalism has the ability to devour the institutions it has contact with, how can people working…

A: system based on private ownership and the pursuit of profit, can sometimes exert immense pressure on…

Q: In which work did Adam Smith discuss the idea that self-interest implies one is more interested in…

A: Adam Smith wrote on his various works related to the analysis of an economy and it's functioning…

Q: Corn is by far the dominant crop in the United States. In what ways is this a good thing for…

A: Agricultural products and other items related to agriculture are considered to be of prime…

Q: American law derives from English law. What is this called:

A: The King's Court (Curia Regis), a single royal court set up for most of the kingdom at Westminster,…

Q: Which of the following items is a good synonym for “crony capitalism”? a. Prejudice b. Bribery c.…

A: Crony Capitalism: The term Crony Capitalism refers to the economy in which the growth and success of…

Economic Growth

It means the rise in the manufacturing levels of a country’s products/services over a while. It is calculated in terms of the real income of the people of the country. When the production of products/services begins, the manufacturers will hire employees, which in turn raises the income of the people and it will also raise the buying power, this eventually leads to the circulation of money that directly helps in the increase in the Gross Domestic Product (GDP). Thus, GDP is calculated by economists to calculate the growth in the country.