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21marmong
01.08.2019 •
Social Studies
What do you think are some of the advantages and disadvantages of a capitalist economic system? do you feel that the advantages outweigh the disadvantages? why or why not?
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Ответ:
2. Main Characteristics of Capitalism: Right to own property; Profit motive; Private ownership of means of production; Consumer’s sovereignty; Economic freedom; Social division of people; and Price mechanism.
3. Disadvantages of Capitalism: Inequality in the distribution of national wealth; Fluctuations in the level of employment; Class conflicts; Waste of talents; Heavy expenses on publicity result into increase in cost and price of the commodity.
4. Your opinion will affect your answer after reading these above points.
Ответ:
a
Explanation: