write one sentence on each capitalism
Answers
Answer:
an economic system based on private ownership of capital. 1. The essence of his argument is that capitalism cannot succeed. ... He was always preaching the virtues of capitalism.
Answer:
1. Crony Capitalism
Crony capitalism refers to situations where a business' success is impacted by strategic influence from civil servants, politicians, or those in authority.
2. Democratic Capitalism
The democratic capitalist system assumes pluralism, recognizing that individuals have different opinions and interests, allowing them to associate freely in order to further those interests.
3. Finance Capitalism
Finance capitalism is characterized by a pursuit of profit from the purchase and sale of financial products such as currency, stocks, bonds, and other derivatives. Lending money at a specified interest rate also comes under the category of finance capitalism.
4. Laissez-faire Capitalism
Laissez-faire capitalism is an offshoot of capitalism where the economy operates under a total absence of rules. Here, the government leaves the people alone regarding all economic activities, with a complete separation of economy and state.
5. Mercantilism
Mercantilism is an example of an early form of capitalism, dating back to the late 16th century. The premise of mercantilism is that the wealth of a nation is increased through a well-managed balance of trade with other nations. Mercantilism is the mixture of national business interests, state-grounded interests, and imperialism.
6. State Capitalism
State capitalism- the government controls the economic system and may own all or part of the businesses.