Sign In
Not register? Register Now!
Pages:
1 page/β‰ˆ275 words
Sources:
No Sources
Style:
APA
Subject:
Social Sciences
Type:
Other (Not Listed)
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Capitalism is an Economic Model Motivated by Self-Interest

Other (Not Listed) Instructions:

Please select TWO of the following 9 essay questions. Provide a brief response to your chosen questions (one paragraph for each should be sufficient).
Update:
there are three chapters with three essay questions each. As the instruction says for you to choose TWO essay questions, I think you can pick TWO essay questions randomly.
The client does not have copies of the chapters, answer based on common knowledge on the subject.
*****************************************************************************
Chapter 16
State the defining characteristics of two economic models: capitalism and socialism. How do these models compare in terms of (a) overall productivity, (b) level of economic inequality, and (c) extent of political freedom?
What arguments are made in favor of a free-market economy? What are the arguments made by those who favor a large regulatory role for government? Consider issues such as economic productivity, economic inequality, and the extent of corporate welfare.
Based on what you have read in this chapter, describe an economic system that you think would come closest to being “just.” This economic system might be some combination of the types of economic systems described in the chapter. Explain what you mean by “just” and how the system operates to generate “justice.”
Chapter 17
According to Max Weber, why does society need to transform power into authority? In what three ways does this transformation take place? What is the link between traditional authority and preindustrial production?
Describe the distribution of power in the United States using the three theoretical models of political power. What do the three models have in common? What are their major differences?
What have sociologists learned about the causes and character of war? That is, why do nations go to war? What strategies seem to be able to prevent war? Finally, how is terrorism a new form of twenty-first century warfare?
Chapter 18
Why do some analysts (especially those guided by the structural-functional approach) describe the family as “the backbone of society”? That is, what important things do families do for society? To what degree could other social institutions (including government) perform these tasks in place of the family?
Any family is really many families as it changes over time. Consider how families typically change as people move through the life course. What are the major traits of family life beginning with courtship, settling in to marriage, child rearing, and later life?
In many cultures, people commonly think of marriage as a result of romantic love. Applying the sociological perspective, make the case that society as much as interpersonal attraction is at work in bringing people together.

Other (Not Listed) Sample Content Preview:
Capitalism is an Economic Model Motivated by Self-Interest
Question 1
Capitalism is an economic model motivated by self-interest, i.e., production is based on a free market of demand and supply. On the other hand, socialism is the economic model in which the government controls production and distributes it equally to the people. Capitalism provides economic freedom, economic growth, and consumers' choice as the market is based on 'willing buyer, willing seller.' Conversely, socialism provides economic equality by allowing collective ownership of properties and transactions under-regulated laws. Further, the free market offers civil and political freedom as everyone has the freedom to determine what to produce and consume. In addition, the free market encourages economic growth and transparency while creating a competitive market through innovation, production, and increased efficiency. From the reading, I think the just financial system is capitalism; economic justice has the freedom to consume or produce whatever an individual wants while impacting society. Capitalism is driven by self-interest and a free market in which every individual has the freedom to choose what to consume or produce. This encourages innovation and production, which in turn contribute to ec...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

πŸ‘€ Other Visitors are Viewing These APA Other (Not Listed) Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!