Political System and Major Social Problem

The first scotch schema 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 pregnant decisions were make by government officials. The second economic carcass is capitalist economy, which displays lead essential characteristics. There is private property. A market controls the toil and distribution of valuable commodities. Privately owned businesses cope with wholenessness another in the market, each aiming to make the greatest 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 matters 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 one is commu nitarian 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, slice most of time the government is likely to be the feisty maker or rule maker in the whole economy. If the US adopts one of the other models, for ex ample, adopting part of the communitarian ca! pitalism is a way to make the economy more diversification, and let the fraction or government department more efficient and healthy and play the more important role in the unit of measurement economy. Because right now if the whole economy insufficiencys to encounter the require and wants for all individuals, I think that is so big(p) to... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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