Carnegie could cut his costs because he owned the supply of raw materials and the means of production and distribution. Is the answer to your question
Hope I helped :)
Answer:
Capitalistic society's work to make as much money as possible, the more money one could make the better they feel. Therefore, having the laissez fair philosophy which states the government will stay out of business and the process of how companies make money, means that a business could possibly be unmoral and charge outrageous priceses for neccesiets without being checked by a government entity. Making it very very easy to them to make practicly as much money as possible if one wanted to even if it meant being a bit dirty.
The Monroe Doctrine was introduced in 1823 and had a lot of fascinating points. Two of the major points were, Europe could not interfere with countries in the Americas and the United States could not interfere with Europe. This played a huge part in the Western Hemisphere as Presidents would always invoke the Doctrine during foreign affairs. The most recent example, President Reagan used the Monroe Doctrine to fight and stop communism in the Americas.
<span>1) command economies; 2) market economies and 3) traditional economies</span>
Marx used the term poor for those people in society who are discarded by society and rich for those in the working class
