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mihalych1998 [28]
3 years ago
7

List 3 characteristics about capitalism

History
2 answers:
yan [13]3 years ago
7 0

Answer:

Your welcome <3

A Two-Class System

Profit Motive

Minimal Government Intervention

Explanation:

vovangra [49]3 years ago
4 0

1. A Two-Class System

Historically, capitalist society was characterized by the split between two classes of individuals—the capitalist class, which owns the means for producing and distributing goods (the owners) and the working class, who sell their labor to the capitalist class in exchange for wages. The economy is run by the individuals (or corporations) who own and operate companies and make decisions as to the use of resources. But there exists a “division of labor” which allows for specialization, typically occurring through education and training, further breaking down the two-class system into sub-classes (e.g., the middle class).  

2. Profit Motive

Companies exist to make a profit. The motive for all companies is to make and sell goods and services only for profits. Companies do not exist solely to satisfy people's needs. Even though some goods or services may satisfy needs, they will only be available if people have the resources to pay for them.

3. Minimal Government Intervention

Capitalist societies believe markets should be left alone to operate without government intervention. However, a completely government-free capitalist society exists in theory, only. Even in the United States, the poster child for capitalism, the government regulates certain industries, such as the Dodd-Frank Act for financial institutions.1  By contrast, a purely capitalist society would allow the markets to set prices based on demand and supply for the purpose of making profits.

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Why were Democrats angry after the presidential election of 1876?
zavuch27 [327]

The 1876 elections infuriated the Democrats because they thought their candidate had truly won.

Democrats believed that Samuel J. Tilden, their candidate, had won the election, which was made worse by the fact that he had a larger share of the popular vote. Rutherford B. Hayes managed to negotiate despite this and win the Electoral college. The votes were settled by an informal, "back-room" agreement known as the Compromise of 1877.

In exchange for the Republicans agreeing to evacuate federal troops from the South, which put an end to Reconstruction, the Democrats granted to Hayes 20 of the disputed electoral votes, giving him an 185–184 win.

Republican Hayes lost the popular vote to Democratic Tilden in the 1876 election, which the Republicans won with 1 electoral vote. People were nevertheless opposed to Hayes' close victory, and many Democrats expressed concerns, which had an impact on Reconstruction.

To learn more about 1876 elections

brainly.com/question/4675228

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6 0
1 year ago
3) Explain the problems with the Occupation Plan for Germany after World War II
Hatshy [7]

Germany's economy was in a sad state of affairs after the war and now having to pay reparations that were astronomical (approximately $35 billion) the economy was in a very vulnerable state, the whole country was and it was searching for its savior.
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3 years ago
How did the countrys government transition after Independence in haiti??
sdas [7]

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5 0
4 years ago
How did northern Europe immigrants come to America in the 19th century.
tatyana61 [14]

Answer:

they entered the united states through several ports i think i might be wrong tho

Explanation:

5 0
3 years ago
The diagram below shows methods used by the federal government to carry out the new Indian policy adopted in the late 1880s
Aliun [14]

Hello. This question is incomplete. The full question is:

The diagram below shows methods used by the federal government to carry out the new Indian policy adopted in the late 1880s:

Diagram with a rectangle at the top and three ovals stemming from the central rectangle. The text in the rectangle reads methods of carrying out federal Indian policy. The text in the ovals reads as follows forcing Native American children to attend English language boarding schools, question mark, and granting U.S. citizenship to Native Americans.

Which phrase best completes the diagram?

Answer:

distributing tribal lands to individual Native Americans

Explanation:

Indigenous politics in the late 1880s had plans to put the government and the natives in milder relations and with less conflict. However, this should be done according to government guidelines and without taking into account the will or culture of the native tribes.

These plans encompassed the idea of sending indigenous children to attend English-language boarding schools where they were to abandon all indigenous culture and adopt Christian behaviors, distribution of tribal lands to individual Native Americans, and granting American citizenship to natives, which allowed that they have some rights.

6 0
3 years ago
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