The differences that exists between welfare capitalism and classical liberalism is that:
- Welfare capitalism is directed towards the employers of labor while classical liberalism is directed towards the government.
- free market principles are mixed together with laws from a welfare state in welfare capitalism, while classical liberalism is about the limitation of the powers of the goverment.
- Classical liberalism is concerned with the protection of freedoms of citizens, welfare capitalism is mostly about the market.
<h3>What is classical liberalism?</h3>
This is a market system that is mostly about the laissez faire system in an economy. It is one that advocates for free markets.
<h3>What is the welfare capitalism in a country?</h3>
This is one that involves businesses and firms providing welfare services to the people that they employ.
Read more on classical liberalism here: brainly.com/question/12500157
This is all I could find https://www.google.com/search?q=Investment+1%3A+Maria+keeps+%24500+in+her+savings+account.+It+earns+...
