Compare and contrast the economic models of capitalism and socialism. Use the ideas of Adam Smith and Karl Marx in your answer.
What will be an ideal response?
- According to the Scottish economist Adam Smith, the pursuit of self-interest has widespread benefits because, as people are guided by their self-interest, an economy ends up producing the greatest good for the greatest number of people.
- Karl Marx claimed that capitalism's private ownership of productive property is what creates unequal social classes. By putting the means of production (such as factories and other productive property) in private hands, the capitalist economy serves the interests of these owners.
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Puerto Ricans are not immigrants
a) True b) False
Global aging is affected by global transformations including revised patterns of fertility and mortality, changes in family structures and
a. stable economic work and retirement patterns b. shifting burdens diseases from infectious to chronic diseases c. cross national surveys d. all of the above
What percentage of undergraduates reported that they have cheated/they have been cheated on?
a. 10%/15% b. 17%/51% c. 37%/44% d. 41%/32%
Giving birth did not historically relieve working-class women from their paid or family labor because:
A. they were perceived as strong and their contributions were needed. B. they were more likely to recover quickly from childbirth than other women. C. they had a lower incidence of female illnesses. D. their husbands were more likely to share these tasks with them.