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?
1 answer:
Hello!
Advantages of a capitalist economic system:
• Economic growing and expansion.
• Consumer choice (The consumers get to choose what to consume, which leads to better products and services).
• Efficiency of economics (Goods and services based on demand)
Disadvantages of a capitalist economic system:
• Inequality (A small group of people hold most of the wealth)
• There can be a monopoly of power (a specific enterprise is the only supplier of particular commodity)
• Unemployment
• Social benefit ignored. A free market will ignore externalities.
No, I feel the disadvantages outweigh the advantages, because there are more of them.
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Rounded to 1 decimal place
Answer:
Step-by-step explanation:
8x + 12 = 3x + 5x + 12
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Bringing like terms on one side
8x - 8x = 12 - 12
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Step-by-step explanation:
0.02 is rational as it can be expressed as a finite decimal.
