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katen-ka-za [31]
3 years ago
11

Capitalism has both improved the overall prosperity of humanity and amplified relative inequality over the last 300 years. On a

global basis, which one of the following sets of statements is most accurate?
Group of answer choices

capitalism is neither positive and nor negative

capitalism is equally positive and negative

capitalism is primarily negative, but with some important positive effects

capitalism is primarily positive, but with some important negative effects
Social Studies
1 answer:
Fynjy0 [20]3 years ago
6 0

Capitalism is primarily positive, but with some important negative effects, is the most accurate set of statement.

<h3>What is meant by capitalism?</h3>

It's common to assume of capitalism as a market structure where private entities own and sell property according to their own objectives.

Where supply and demand freely determine market pricing in a way that can best serve society. The desire to turn a profit is capitalism's fundamental characteristic.

Thus, option D is correct.

For more details about Capitalism, click here:

brainly.com/question/14655679

#SPJ1

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Option D

An example of a price floor is the minimum wage.

<h3><u>Explanation:</u></h3>

A price floor is the most economical price that one can lawfully settle for remarkable goods or assistance. Possibly the best-known case of a price floor is the minimum wage, which is based on the way that someone running the whole time should be capable to yield a necessary standard of living.

Price floors are seldom termed as “price supports,” because they promote a price by restricting it from dropping under a certain level. When a price floor is fixed beyond the equilibrium price, the quantity provided will exceed the quantity required, and excess supply or excesses will result.

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Chemical property

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<h3>What is a quasi-experimental design?</h3>

In research, the quasi-experimental design is a research design that aim to establish a cause & effect relationship between the topic's independent and dependent variable.

In conclusion, the researcher might want to quasi-experimental design if the research topic is one whereby there is need to establish a cause & effect relationship between variables.

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