Answer: Let's start with a definitive description of each.
Capitalism: is a free market economy, where goods and services are produced by private firms. The goods produced are determined by market forces of Demand and Supply.
Socialism: is an economy where each member of the public owns an equal fraction of the means by which goods and services are produced. The goods produced here are determined by the government.
Explanation: I am going to list some of the Advantages and Disadvantages of each so that you can pick the advantages of the system you are supporting and the disadvantages of the other system in your essay.
Capitalism
Advantages:
- It ensures that only the goods needed are produced as the market is controlled by demand and supply.
- It encourages innovation and personal development as better skills and products lead to higher income.
Disadvantages
- It can neglect to produce necessary goods in the economy when focus is only on goods that give the highest return.
- It leads to inequality between the people in an economy.
Socialism
Advantages:
- It leads to equality, people enjoy equal standards of living
- It corrects market problems such as monopolies, price fixing and cartels.
Disadvantages:
- There is an absence of innovation due to lack of competition, so there is no drive to improve on the current goods, services or methods of production.
- It leads to bureaucratic bottleneck as decisions usually have to be taken by several government officials in a bid to ensure that rules are followed.
Answer:
- Age: Age is a determining factor because the person's cognitive development makes them perceive things differently.
- Race: The ethnic origin can be an influential factor because different cultures can interpret things differently
Explanation:
Hope i helped tell me if this isnt the answer you wanted
Answer:
women were mostly homemakers. Those that worked outside the home usually worked as secretaries, receptionists or department store clerks. Once America entered World War II, however, men went off to war by the millions and women stepped into the civilian and military jobs they left behind
Explanation:
Answer:
এটি কীভাবে চলে যায় তা সম্পর্কে আমাকে পোস্ট রাখুন এবং যদি বাচ্চাদের বিছানায় পৌঁছানো সম্ভব না হয় এবং তবে আমরা এই বিষয়ে কথা বলতে পারি যে আমার কোনও নেই
Answer:
All space junk is the result of us launching objects from Earth, and it remains in orbit until it re-enters the atmosphere. ... Some space junk results from collisions or anti-satellite tests in orbit. When two satellites collide, they can smash apart into thousands of new pieces, creating lots of new debris.
Explanation:
