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Mar 1, 2021 · Economics for dummies. by. Flynn, Sean Masaki. Publication date. 2005. Topics. Economics. Publisher. Hoboken, N.J. : Wiley.
CAPITALISM is often thought of as an economic system in which private actors own and control property in accord with their interests, and de-mand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.
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Oct 20, 2020 · Stanford answers questions such as 'Do workers need capitalists?', 'Why does capitalism harm the environment?', and 'What really happens on the stock market?' The book will appeal to those working for a fairer world, and students of social sciences who need to engage with economics.
- Pillars of Capitalism
- The Many Shades of Capitalism
- The Keynesian Critique
Capitalism is founded on the following pillars: 1. private property, which allows people to own tangible assets such as land and houses and intangible assets such as stocks and bonds; 2. self-interest, through which people act in pursuit of their own good, without regard for sociopolitical pressure. Nonetheless, these uncoordinated individuals end ...
Economists classify capitalism into different groups using various criteria. Capitalism, for example, can be simply sliced into two types, based on how production is organized. In liberal market economies, the competitive market is prevalent and the bulk of the production process takes place in a decentralized manner akin to the free-market capital...
During the Great Depression of the 1930s, the advanced capitalist economies suffered widespread unemployment. In his 1936 General Theory of Employment, Interest, and Money, British economist John Maynard Keynes argued that capitalism struggles to recover from slowdowns in investment because a capitalist economy can remain indefinitely in equilibriu...
Aug 15, 2020 · This brilliantly concise and readable book provides non-specialist readers with all the information they need to understand how capitalism works (and how it doesn't). Jim Stanford's book is an antidote to the abstract and ideological way that economics is normally taught and reported.
Oct 3, 2023 · With the simple explanations in this book, you’ll master key topics like supply and demand, consumer behavior, and how governments and central banks attempt to avoid—or at least...
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You like learning why as well as what. That is, you want to know why things happen and how they work instead of just memorizing factoids. ×. Economics for Dummies PDF. 664 Pages·2018·4.91 MB·English. by Sean Masaki Flynn. # for dummies # basic economics # economics books # a level economics.
