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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

integration of ((8(x+a))/(x^2+a^2))dx. using trig. sub.

Chemistry
1.2K views

is it possible to convert NO to N2O in our atmosphere? Explain why or why not

Advance Math
1.2K views

Use Newton-Raphson to find the real root to five significant figures 64x^3+6x^2+12-1=0. First graph this equation...

General Management
1.2K views

An HR manager works at a company in a state that recently legalized the use of...

General Management
1.2K views

According to Transparency International, the United States is the least corrupt country in the world. Question 1...

Basic Math
1.2K views

Find the coordinate vector of A A B 4 35 with respect to the basis...

Basic Math
1.2K views

An ice block is in the shape of a rectangular prism. Danny cuts the block...

Calculus
1.2K views

99 Determine the x 2t ln t y 2t ln t concavity of the curve

Accounting
1.2K views

What are the Adjustment When there is closure of partnership firm. (all adjustments need to...

Accounting
1.2K views

3. Prepare a flexible budget for overhead expenses on the basis of the following data...

Accounting
1.2K views

Problem 7-3A On July 31, 2017, Keeds Company had a cash balance per books of...

Accounting
1.2K views

Northwest Building Products (NBP) manufactures two lumber products from a joint milling process: residential building...