Capitalism Con:
While the success of capitalism is based on this basic human instinct of self-promotion, the line dividing self-promotion from prevarication is thin. Capitalism ends up fostering success for those people who have a tendency to prevaricate and impose their self-interest: an ability that served us well as a specie when we were competing for food and resources in the wild but that could have catastrophic consequences now, given the level of complexity and interconnectedness of our societies.
<u>Short answer-</u>
Capitalism Con:
Prone to cronyism which blocks competition
Answer:
income tax
corporate tax
payroll tax
excise tax
Explanation:
Taxes are a means by which the government earns its revenue which is used for the development of the country. The Federal Government employs the use of income tax, corporate tax, payroll tax , excise tax.
Sales tax is commonly used by the state and local government due to it being taxed on retail goods.
A patent is an exclusive right granted by country to allow the inventor to exclude others from making, using or selling their invention in that country during the life of the patent.
What happened after the collapse of the Ming Dynasty were:
1) there were natural disasters, war and rebellions.
2) earthquakes.
3) war against the Japanese.
4) unusually dry and cold weather.
5) plague
6) misrule
7) money crisis
8) rebellion from Li Zicheng's troops.
