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  • Capitalism, as an Economic System, Is Extremely Complex

     

    Essays2 Economics

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ID number:668604
Evaluation:
Published: 29.09.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Capitalism, as an economic system, is extremely complex. Its factors and variables fluctuate greatly over the long run. As a result, capitalist countries experience the highest of highs and the lowest of lows. One need only look to the postwar expansion of the Roaring Twenties followed almost immediately by the Great Depression to find this proof. Such a situation logically leads to certain questions. Is this the best possible system? Is the unprecedented expansion worth the atrocious suffering that is sure to follow? What causes such wild swings in the economy? Can they be controlled? …

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