Political System and Major Social Problem

The first economic constitution is communism, inspired by the semipolitical orientation of Marx and Lenin, governments took direct control of all their major economic institutions. They created mean economies in which there was little competition and the serious decisions were make by government officials. The second economic constitution is capitalism, which displays lead essential characteristics. There is private property. A foodstuff controls the toil and distribution of valuable commodities. Privately owned businesses argue with bingleness another in the market, each aiming to make the superlative contingent profit. The third one is laissez-faire capitalism, which means an economic ideology that argues that the government should stay out of economic personal business and depart the free market to regulate itself. The fourth one is individual capitalism that emphasizes the enormousness of the individual over the assembly or comm unity. The fifth or the last o ne is communitarian capitalism which emphasizes the importance of the group or community over the individual. I deal the individualistic capitalism represents the US economic system. Because we already acquire known what the capitalism means, and US economic system more(prenominal) emphasizes the benefits of the individual over the group and community.

And the government as a visible hand, which means the government could interfere with the economic forces if necessary, piece of music most of time the government is likely to be the farinaceous maker or rule maker in the whole economy. If the US adopts one of the other models, for example, adopting par! t of the communitarian capitalism is a way to make the economy more diversification, and let the fraction or government department more efficient and healthful and play the more important role in the unit of measurement economy. Because right now if the whole economy insufficiencys to do the require and wants for all individuals, I think that is so operose to... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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