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- How do a capitalist economic system influence safety and healthWhy does a modern capitalist economic system require the existence of markets?In a Capitalistic economy, due to the "mixed market" and economic freedoms that are a part of this system, is there a greater gap between the rich and the poor?
- What are the circular flows in the capitalist economy? Please draw it and explain at least in four sentences.Capitalist economies have these features, except __________. a. Profit motive b. Consumer's freedom c. State control of the factors of production d. Private ownership of resourcesIs capitalism associated more with a market or command economy? Why would capitalism be able to do "millions of things better" than a centrally planned economy? What things do you think a capitalist society would be more successful at than a centrally planed society?