Economic Systems- Capitalism

Sociology 151 with Harris at Miami University of Ohio

About this deck

By: Cassie Sines
Textbook:

Introduction to Sociology (Seventh Edition)

Readings for Sociology, Sixth Edition
Created: 2009-12-06
Size: 3 flashcards
Views: 8

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Capitalism (3 answers)

4 conditions
with globalization is has spread worldwide
requires new markets and new resources constantly

with globalization is has spread worldwide

sometimes causes problems for under developed countries

4 conditions (4 answers)

private ownership of property
in pursuit of maximum profit
competition
laisse-faire gov policym non interfernece, markey rules