Capitalism and its effects on a nation.
Date Submitted: 05/22/2003 05:55:34
Category: / Business & Economy / Economics
Length: 4 pages (1141 words)
Category: / Business & Economy / Economics
Length: 4 pages (1141 words)
There are words in the English language which are often mistaken for something they are not. For example, if one is a democrat, he/she often automatically presumed to be a liberal, which is not always the case. If one is a vegetarian, many people will immediately see him/her as an animal rights activist. It may only be that her/his doctor instructed her/him not to eat meat for health reasons. Such confusion …
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…like the ups and downs in the system. The 19th century exhibited both sides of the argument, with panics, prosperity, and poor wages. Economically, the system helped America become one of the most prominent economies in the world. And perhaps this is the main issue to consider, because capitalism is not based on ethics or morality, only profit. For this reason it can be said that the golden rule of capitalism is that gold rules.
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