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Stels [109]
4 years ago
12

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?
Social Studies
1 answer:
irinina [24]4 years ago
6 0
1. Advantages:  <span>Economy, which is defined as the wealth and resources of a region, can be grouped into two types: formal and informal. Capitalism and socialism are formal economies that differ based on the role of the government and equality of economics. Capitalism affords economic freedom, consumer choice, and economic growth.

2.  </span>Main Characteristics of Capitalism:  <span>Right to own property; Profit motive; Private ownership of means of production; Consumer’s sovereignty; Economic freedom; Social division of people; and <span>Price mechanism.

3. </span></span>Disadvantages of Capitalism:  <span>Inequality in the distribution of national wealth; Fluctuations in the level of employment; Class conflicts; Waste of talents; <span>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.</span></span>
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_________ grants come with stringent federal administrative conditions and strict criteria for its use; whereas _______ grants c
andrezito [222]

Answer:

<h3>Categorical, Block.</h3>

Explanation:

<u>Categorical </u>grants come with stringent federal administrative conditions and strict criteria for its use; whereas <u>Block </u>grants come with less stringent federal administrative conditions and provide recipients more flexibility over how to spend grant funds.

Categorical grants are those grants issued by the government for specific purposes. These grants are issued to achieve specific goals. The local and the state government who receive these grants should strictly adhere to conditions of use for its use.

Block grants are also grants issued by the government. However, in block grants, the local and the state governments can use the grants on their own terms and requirements. This is because local governments tend to know better where grants need to be used. They are more aware of which sector needs more focus for development. Therefore, block grants come with less less stringent federal administrative conditions to provide more flexibility to the local governments on how to use the grants.

3 0
3 years ago
Describe the structure and responsibilities of the judicial branch.
Fynjy0 [20]

Answer:

Judicial branch keeps both the legislative and executive branch in check by reviewing legislature.

Explanation:

6 0
4 years ago
The Phoenicians founded the colony of __________ in order to make trade easier with other countries.
Andrews [41]
The answer to the blank would be B. Carthage becuase this was their greatest city and it was positioned in a easy place to trade with other countries.
I hope this helps!
8 0
3 years ago
Read 2 more answers
The framers of the Constitution agreed that the president should be elected by the
Orlov [11]
Electoral college
 thanks for the points
7 0
3 years ago
The stages of development, as proposed by piaget, appear to be _______________. impossible to measure across cultures common onl
musickatia [10]

I believe the answer is: universal across cultures

This mean that the stages of development that proposed by piaget could also be spotted in other society that had different custom/cultures than united states. From this, we can infer that the development is influenced by biological factors rather than environmental.

6 0
4 years ago
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