Why communism is a fail economic system?

Q: countries that launched the third wave of democratization

A: In history, major surges that have occurred are waves of democracy. These are related to the sudden…

Q: What difficulties has Russia encountered in its move from a command economy to a market economy?

A: Before the 1990s the Russian economy was operated as a command economy where all the means of…

Q: market economic systems and command economic system countries differ fundamentally both in problems…

A: Note: In the BNED guidance only the first question can be answered at a time. Resend a question if…

Q: Which were the two institutions that were instituted during the Bretton Wood System era? a.…

A: Bretton wood system: It means a set of unified rules and policies providing the framework necessary…

Q: Does neoliberalism mean the retreat of the state?

A: Neoliberalism is a policy model that combines politics and economics, with the goal of transferring…

Q: Cosmopolitan democracy is one of the ideas propounded in the wake of globalization. What does it…

A: The process through which the world becomes interconnected due to a massive increase in cultural…

Q: What was the first government Of the United States

A: United states got freedom from great Britain and thereafter established democratic government which…

Q: Does India have opportunity to overtake China?

A: Economy refers to the pace at which development is taking place in the country.

Q: Which type of economic system is following in given countries, shortly describe their…

A: Economic system refers to the organised or unorganised system of allocating resources and the…

Q: Does it take thousands of years for countries to become wealthy?

A: Wealth: It estimates the multitude of resources of worth possessed by an individual, local area,…

Q: How does republicanism differ from democracy?

A: Forms of government refer to the various types of relationships between people and their regulating…

Q: Explain how economic depression and imperialism are linked

A: When talking about economic depression, it is the fluctuations in the economic cycle in the long…

Q: In communism, what is the concept of “family” ?

A: Communism refers to the system of social organization where all the property is owned by the…

Q: Do you think that the conventional economic system will create economic stability? Why or why not?…

A: A traditional economic system is one in which human activities such as distribution, production,…

Q: How to evaluate an economic system? a : stability b : full employment c : growth

A: Economic system refers to the plane where the government, producers and the consumers interact with…

Q: Rome was the first Republic in the Western World, meaning it, O a. Ruled based on the rich making…

A: Rome was ruled based on representation, a senate, which made laws. Because the concept of left and…

Q: Can we transform transform a country that has been built and comfortable with a secular economic…

A: The financial system is critical to a country's economic progress because it connects those who save…

Q: Why do countries integrate?

A: There are many reasons that the countries integrate, for example when many countries integrate then…

Q: According to Jason Hickel how do rich countries de-develop?

A: They can de-develop, according to Hickel, by limiting economic growth and abuse, which leads to…

Q: The growth of capitalism and its impact on states?

A: At many years Capitalism has remodeled the globe. a technique or and it's found the way to create…

Q: A large, hardworking population was important for Mercantilism. Why? Select one: a. To give high…

A: Mercantilism was a system that prevailed in the earlier times and was the first system where the…

Q: Why is China still poor in per capita terms despite having the second-largest economy in the world…

A: China has large number of population China comes at number 1 place in all the countries of the world…

Q: What things do people do now which they couldn't do before globalization?

A: Globalization is described as the spread of technology, products, jobs, and information across…

Q: Compare and contrast the world’s major economic systems. Why is capitalism growing, communism…

A: Capitalism believes in complete freedom in business and production processes and a more competitive…

Q: How Afghanistan succeed in the era of the third industrial revolution?

A: As Afghanistan moved slowly to 20th century, positive actions were made but because of the political…

Q: What is ‘state capitalism', and why do some consider it a threat to the contemporary global economic…

A: There exists a trade-off between the goals of efficiency and equity. In a free market scenario, the…

Q: Which one of these statements is not true? A. States vary by their different levels of internal…

A: A state is defined as a centralized political organization that imposes and enforces authority over…

Q: Which of the following is the concept of Neoliberalism? * Intensification of worldwide social…

A: Neoliberalism is a policy model that combines politics and economics, with the goal of transferring…

Q: the economic system in the united states is considered a

A: Money has been evolved since the ages and people use money for various purposes, and mostly for…

Q: Transition from Communism to Capitalism

A: Communism: It is an economical ideology that advocates that the means of production should be…

Q: A disadvantage of a traditional economic system is

A: Traditional Economic System is that system which relies on agriculture and is based upon beliefs,…

Q: Can globalization be helping build a “new world order”?

A: Indeed, globalization be helping build a “new world order. Decay of the United Nations, alongside…

Q: What are the five power full countries as realist liberalist and ideaslist.

A: There are various factors that make a country powerful. Some of the parameters are: Economic…

Q: Quèstion 2 In a democracy like the United States, is a counter-ideology. socialism a. neoliberalism…

A: The United States is one of the most developed countries that adhere the western culture. The…

Q: Discuss the difference between capitalism and communism.

A: The difference between Capitalism and Communism can be explained as follows:

Q: can the US economy succeed without a manufacturing base ?

A: Manufacturing is vert important for the US economy. as it provides jobs in the manufacturing sector…

Q: Is free Market Capitalism the primary, predominant economic ideology in the global business…

A: An economic ideology is a set of beliefs about how the economy should function that serves as the…

Q: What are the similarities between the four industrial revolutions?

A: Industrial revolution was the period of transformation from handicraft based small-scale to…

Q: How will the system promote progress?

A: market mechanism is a automatic system that operate on the basis of the behaviour of economics…

Q: Describe the type of economic system adopted in South Africa.

A: South Africa is a nation situated at the southern tip of the African mainland. It additionally…