Logo
Home Study Material Contact Search
AI Chat FREE
  1. social sciences
  2. psychology
  3. what are the main principles of the capitalist and

What are the main principles of the capitalist and the socialist system? Discuss the advantages and...

90.2K

Verified Solution

Question

Psychology

What are the main principles of the capitalist and the socialistsystem? Discuss the advantages and disadvantages ofboth.

Answer & Explanation Solved by verified expert
4.1 Ratings (638 Votes)
ANS PRINCIPLES OF CAPITALIST SYSTEM Private property Private control of the factor of production Capital accumulation Competition accumulation This system is controlled by market forces ADVANTAGES An individual can    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A new program of imagery training is used to improve the performance of basketball players shooting...

Statistics
Q

Flounder Inc. owns and operates a number of hardware stores in the New England region. Recently,...

Accounting
Q

Terri has diabetes mellitus and, as a side effect, has developed ketoacidosis. The ketones are making...

Medical Sciences
Q

For a general second order control system. On a complex plane graph, with real and imaginary...

Electrical Engineering
Q

What could you divide and then multiply by to go from the first number to...

Basic Math
Q

ation of the cos 20 3 2 What are the solutions to cos 20 3...

Algebra
Q

Gupta Industries received a $290,000 prepayment from X Associates for the sale of new equipment....

Accounting
Q

QUESTION 2 With globalization, many business organizations have come to terms that increasingly their employees...

Accounting
Q

Contemporary furniture manufactures office desks. The company budgeted to sell 5,000 desks at $200.00 per...

Accounting
Q

QUESTION 41 A divorcee engaged you for a valuation of the couple's joint business in...

Accounting
Q

Consider a stock that will pay out a dividends over the next 3 years of...

Finance
Q

A stock has a CAPM-implied expected return of 20%. If the risk-free rate is 3.1%...

Finance