What are the differences between Capitalist economy and Socialist economy?

What are the differences between Capitalist economy and Socialist economy?
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With which form of economy is the term 'Laissez-faire' associated? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Description : With which form of economy is the term 'Laissez-faire' associated? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Last Answer : (1) Capitalist economy Explanation: In economics, laissez-faire means allowing industry to be free of state intervention, especially restrictions in the form of tariffs and government monopolies. ... industrial growth in the late 19th century both occurred in a laissezfaire capitalist environment.

Price mechanism is a feature of - (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Description : Price mechanism is a feature of - (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Last Answer : (1) Capitalist economy Explanation: Price mechanism is an economic term that refers to the manner in which the prices of commodities affect the demand and supply of goods and services. It is ... that only by allowing prices to move freely will the supply of any given commodity match demand.

Which of the following types of economy is an example of sustainable economy? A. Capitalist Economy B. Mixed Economy C. Socialist Economy D. Traditional Economy E. None of the Above

Description : Which of the following types of economy is an example of sustainable economy? A. Capitalist Economy B. Mixed Economy C. Socialist Economy D. Traditional Economy E. None of the Above

Last Answer : D. Traditional Economy Explanation: Traditional economies are considered sustainable because they are less harmful to the environment.

Economic Planning is an essential feature of: A. Capitalist economy B. Socialist Economy C. Mixed Economy D. Dual Economy

Description : Economic Planning is an essential feature of: A. Capitalist economy B. Socialist Economy C. Mixed Economy D. Dual Economy

Last Answer : B. Socialist Economy

What is the economic system in the United States? Choose one: a. Communist economy. b. Capitalist economy. c. Socialist economy. d. None of these answers.

Description : What is the economic system in the United States? Choose one: a. Communist economy. b. Capitalist economy. c. Socialist economy. d. None of these answers.

Last Answer : Correct Answer: b. Capitalist economy.

With which form of economy is the term ‘Laissez-faire’ associated ? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Description : With which form of economy is the term ‘Laissez-faire’ associated ? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Last Answer : Capitalist economy

Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Description : Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Last Answer : Capitalist economy

If you were told to create a political and economical socialist system that has all the advantages of the historical attempts at it, all the advantages of capitalist systems, but none of the drawbacks of either, how would the end result look like? And please, no answers á la "it can't be done".

Description : If you were told to create a political and economical socialist system that has all the advantages of the historical attempts at it, all the advantages of capitalist systems, but none of the drawbacks of either, how would the end result look like? And please, no answers á la "it can't be done".

Last Answer : …it would be as it is now- a multi-faceted global society with the ability to address concerns for reduction and/or expansion of the polity…renew, reuse, recycle…

Feminism has also examined the gendered nature of different types of economic systems such as a. Capitalist. b. Feudal. c. Socialist. d. All of the above.

Description : Feminism has also examined the gendered nature of different types of economic systems such as a. Capitalist. b. Feudal. c. Socialist. d. All of the above.

Last Answer : d. All of the above.

Which one of the following generation says that human rights are collective rights of a nation? a) Socialist and Third World Countries b) Communist Countries c) Capitalist Countries d) None of them

Description : Which one of the following generation says that human rights are collective rights of a nation? a) Socialist and Third World Countries b) Communist Countries c) Capitalist Countries d) None of them

Last Answer : a) Socialist and Third World Countries

Which countries of the following say that the western idea of civil and political rights are nothing but hollow promises to give the false consciousness to the people that they are living an empowered and dignified life? a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them

Description : Which countries of the following say that the western idea of civil and political rights are nothing but hollow promises to give the false consciousness to the people that they are living an empowered ... life? a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them

Last Answer : b) Socialist Countries

The second generations of human rights are rooted in the thinking of......... a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them

Description : The second generations of human rights are rooted in the thinking of......... a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them

Last Answer : b) Socialist Countries

Laissez Faire policy is adopted in A. Socialist Economic system B. Capitalist Economic system C. Mixed Economic System D. Communist Economic System

Description : Laissez Faire policy is adopted in A. Socialist Economic system B. Capitalist Economic system C. Mixed Economic System D. Communist Economic System

Last Answer : B. Capitalist Economic system

India is good example for ________economy. A. socialist. B. mixed . C. capitalist. D. communist.

Description : India is good example for ________economy. A. socialist. B. mixed . C. capitalist. D. communist.

Last Answer : B. mixed .

Can there be a situation where over-regulation of a free capitalist economy lead to economic socialism?

Description : Can there be a situation where over-regulation of a free capitalist economy lead to economic socialism?

Last Answer : answer:I think that the amount of regulation necessary would be unlikely. Also, it would have to actively take wealth and redistribute it, which goes beyond any contemplated regulation.

in a capitalist economy, organizations seldom reorganize due to changing markets. -General Knowledge

Description : in a capitalist economy, organizations seldom reorganize due to changing markets. -General Knowledge

Last Answer : The given statement is false.

What is capitalist economy ?

Description : What is capitalist economy ?

Last Answer : An economy in which the elements of production are privately owned is called a capitalist economy. In this economy , all kinds of economic activities are conducted through private pricing, ... throughout Europe. The classical economist Adam Smith and his followers also supported this measure.

Who Of the following reflects a bust phase in a capitalist economy?

Description : Who Of the following reflects a bust phase in a capitalist economy?

Last Answer : What is the answer ?

The main feature of a capitalist economy is - (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Description : The main feature of a capitalist economy is - (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Last Answer : (4) Private ownership Explanation: Capitalism is an economic system that is based on private ownership of the means of production and the production of goods or services for profit. Other elements central to capitalism include capital accumulation and often competitive markets.

Which of the following is not a feat tare of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers

Description : Which of the following is not a feat tare of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers

Last Answer : (3) Service motive Explanation: Capitalism is an economic system in which each individual in his capacity as a consumer, producer, and resource owner is engaged in economic activity with a large ... of businessmen, farmers, producers, including that of wage-earners are based on the profit motive.

Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world’s largest. (C) The US economy is shaped by the country’s huge natural resources, well developed infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

Description : Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world's largest. (C) The US economy is shaped by the country's ... infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

Last Answer : (D) The USA is the largest exporter and importer of goods in the world. 

……………. regions benefited the most from the Capitalist World Economy (a) Core (b) Periphery (c) Semi-periphery (d) None of the above

Description : ……………. regions benefited the most from the Capitalist World Economy (a) Core (b) Periphery (c) Semi-periphery (d) None of the above

Last Answer : (a) Core

Which of the following is not a feature of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers

Description : Which of the following is not a feature of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers

Last Answer : Service motive

The main feature of a capitalist economy is (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Description : The main feature of a capitalist economy is (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Last Answer : Private ownership

What is meant by socialist economy ?

Description : What is meant by socialist economy ?

Last Answer : Socialist economy is the economy in which government ownership of resources and elements of production is maintained or no private ownership exists . In this case the ownership of the resources of ... authority empowered by the state for social welfare . This economy is also called planned economy.

What is instructional economy or socialist economy ?

Description : What is instructional economy or socialist economy ?

Last Answer : An economy in which most of the resources and means of production of the society are owned by the state or government is called instructional economy. This economy is also called socialist economy. ... . Because in this economy all economic decisions come from a central planning authority ( CPA) .

What are the characteristics of a socialist economy?

Description : What are the characteristics of a socialist economy?

Last Answer : It is 1) Nationalism, 2) Public welfare, 3)Taxation and 4)Centrally planned economy

An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Description : An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Last Answer : (2) Closed economy Explanation: A Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in ... The goal is to provide consumers with everything that they need from within the economy's borders.

Private ownership of property and resources is a characteristic of _____________ economy. a) socialist b) command c) market d) traditional

Description : Private ownership of property and resources is a characteristic of _____________ economy. a) socialist b) command c) market d) traditional

Last Answer : c) market

Consider the following Statements: Indicative Planning is a feature of ‘Mixed Economy’. Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement(s) is/are correct? A. A Only 1 B. B Only 2 C. C Both 1 and 2 D. D Neither 1 nor 2

Description : Consider the following Statements: Indicative Planning is a feature of Mixed Economy'. Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement( ... B. B Only 2 C. C Both 1 and 2 D. D Neither 1 nor 2

Last Answer : A. A Only 1

An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Description : An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Last Answer : Closed economy

Should homework in school be abolished as capitalist indoctrination?

Description : Should homework in school be abolished as capitalist indoctrination?

Last Answer : Homework wouldn’t be needed if kids went to school full time all year round. But capitalist indoctrination?? You make it sound like a bad thing…

What does it mean to be "anti-capitalist?"?

Description : What does it mean to be "anti-capitalist?"?

Last Answer : It means to be against exploitation and oppression of workers, against cheating of customers, against unsustainable growth and depletion of resources, against environmental destruction justified by profits, against giving corporation more rights than actual people.

What does it mean to be a capitalist?

Description : What does it mean to be a capitalist?

Last Answer : From what I get is that you believe in the free market ,and privatization of everything is the answer to everything. No matter what.

Could there ever be a free market, laissez-faire capitalist world without poor people or is socialism the only solution to ending poverty?

Description : Could there ever be a free market, laissez-faire capitalist world without poor people or is socialism the only solution to ending poverty?

Last Answer : “Could there ever be a free market, laissez-faire capitalist world without poor people” No. On the contrary, it requires poor people in order to function.

Is Bain Capital a Venture Capitalist or a Vulture Capitalist firm?

Description : Is Bain Capital a Venture Capitalist or a Vulture Capitalist firm?

Last Answer : Bain Capital Ventures is the Boston-based venture capital affiliate of Bain Capital.

Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?

Description : Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?

Last Answer : If you are going to offer up some of the most successful college dropouts in history as your examples how do you propose we teach that? Steve Jobs is one of the drop outs of which the college I ... issues with that, but how do you teach it, how do you teach being a massively successful drop-out?

How does one become a venture capitalist?

Description : How does one become a venture capitalist?

Last Answer : you could get a personal or buisness loan from a rich uncle…or find investment partners….or start small (real small)

Venture Capitalist firm wants options? Bad or good?

Description : Venture Capitalist firm wants options? Bad or good?

Last Answer : They're going to try to get as much as they can. Don't take it personally. That's just business. It's your job to push back and make an argument why they don't need the options. In other words, ... t get steamrolled or decide that it's over before the ink is dry. You have as much power as they do.

Do you se the capitalist system as a form of slavery, or an enabling of the individual to free himself from the shackles of slavery?

Description : Do you se the capitalist system as a form of slavery, or an enabling of the individual to free himself from the shackles of slavery?

Last Answer : Uh,...no.

Is the "Pyramid of the Capitalist System" still applicable in today's society?

Description : Is the "Pyramid of the Capitalist System" still applicable in today's society?

Last Answer : Only if the top caption read “we own you”.

Does democracy necessarily imply a capitalist economic system?

Description : Does democracy necessarily imply a capitalist economic system?

Last Answer : Nope. Nothing has to mean anything. Our nation, along with everything else, is what we make it- both in how we act and how we perceive it. Though, I must add that democracy is highly susceptible to capitalism.

What is a good site about venture capitalist?

Description : What is a good site about venture capitalist?

Last Answer : I work with a few vc and invesment banking teams on the east coast... websites... maybe not but I can setup a few meetings.

Is Germany a capitalist country?

Description : Is Germany a capitalist country?

Last Answer : Many think of capitalist countries as being driven by money alone with no concern for the citizens health and swell being. Germany is a highly developed industrial country so may ... embrace bothe capitalism and socialism.Germany does in its State Socialism (German: Staatssozialismus) programs.

How did capitalist beliefs influence British leaders during the early years of industrial revolution?

Description : How did capitalist beliefs influence British leaders during the early years of industrial revolution?

Last Answer : They convinced leaders not to make laws addressing issues such as child labor and pollution.

How did capitalist policies differ from mercantilist policies in 18th- and 19th-century Europe?

Description : How did capitalist policies differ from mercantilist policies in 18th- and 19th-century Europe?

Last Answer : Under capitalism, merchants were able to conduct unrestrictedinternational trade. Under mercantilism, international trade wasrestricted.

Which of these actions would be encouraged under a capitalist system but discouraged under a mercantilist system?

Description : Which of these actions would be encouraged under a capitalist system but discouraged under a mercantilist system?

Last Answer : This image will answer your question sir.

The farming in which investment of land and capital is done by big businessperson or capitalist

Description : The farming in which investment of land and capital is done by big businessperson or capitalist

Last Answer : Ans. Capitalistic farming

The government of a democratic nation can uplift the poor people in the country by a. encouraging a capitalist model. b. allowing rich and powerful to dominate its policies. c. taking initiatives such as poverty alleviation and employment generation schemes. d. ignoring the plight and condition of the poor.

Description : The government of a democratic nation can uplift the poor people in the country by a. encouraging a capitalist model. b. allowing rich and powerful to dominate its policies. c. taking ... as poverty alleviation and employment generation schemes. d. ignoring the plight and condition of the poor.

Last Answer : c. taking initiatives such as poverty alleviation and employment generation schemes.

Which theory views that in liberal societies, where capitalist monopolize over the means of production? (a) Marxian (b) Gandhian (c) Communitarian (d) None of these

Description : Which theory views that in liberal societies, where capitalist monopolize over the means of production? (a) Marxian (b) Gandhian (c) Communitarian (d) None of these

Last Answer : (a) Marxian