They write, debate, and pass the law.
Answer:
Discuss the three essential features of capitalism as well as the three essential features of socialism.
Capitalism:
- Private property: individuals can hold property for which they have exclusive ownership. They are free to do as they please with their property.
- Market economy: for capitalism to flourish, a market economy must exist. In a market economy, consumers and producers determine the price of goods and services through the forces of supply and demand.
- Accumulation of capital: capitalism permits the accumulation of capital, a tendency which tends to relate with wealth concentration.
Socialism:
- Social ownership: in socialism, private property does not exist. Instead, property is evenly distributed among social groups.
- Planned economy: socialism is characterized by planned economies: the production of goods and services is determined by the government, instead of the market.
- Income equality: socialism tends to produce societies that have a more equal wealth distribution (not necessarily more wealth).
Does a pure form of capitalism or socialism exist in the world today?
No. Not even very capitalist countries like Singapore have a pure form of capitalism. As for socialism, not even North Korea has a pure form of socialism. Some forms of market economy do exist there.
Do recent events around the world suggest the emergence of a new economic and social form, one which blends capitalism and socialism?
Not necessarily because this form already exists. Most countries have mixed economies where aspects of socialism and capitalism coexist. Capitalism is preferred for the production of goods and services, while socialism is preferred for the redistribution of wealth.
The correct answer of the given question above would be option C. JUSTICE. According to W.E.B. du bois, the first element of prosperity is justice. W.E.B. du bois or <span>William Edward Burghardt "W. E. B." Du Bois</span> is a civil rights activist, a sociologist and a historian. Hope this answer helps.
Abnormality as deviation from the average is based on the concept of abnormal as behaviors that we can tell whether someone is acting abnormally by noting that their actions fall outside of the norm for that community or culture. This is further explained below.
<h3>What is culture?</h3>
Generally, the expression of human intellectual accomplishment in its many forms, including the arts and other creative endeavors.
In conclusion, The idea of abnormality as a departure from the norm rests on the observation that a person's conduct is abnormal if it deviates too far from what is considered typical in a certain society or culture.
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