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what are the fundamental of instituion of our present economic sytem
Businesses should gain and lose according to their own efforts
Pollution and social inequality
what are advantages n disadvantages of capitalism?
Karl Marx is famous for his contributions to the fields of economics, politics, and philosophy. His theories on capitalism and socialism have had a profound impact on the development of modern political thought.
George Reisman, Professor Emeritus of Economics at Pepperdine University, lists 13 "Fundamental Insights Into the Benevolent Nature of Capitalism" that explain how capitalism is good: http://mises.org/article.aspx?Id=1079
Yes.
Law of supply and demand.
One possible way to solve unemployment problems is by using the 3 fundamental questions of economics. These are what to produce, how to produce it, and the cost of production.
4, the answer is 4.
He devoted his time and resoures to getting rid of social classes.
He devoted his time and resources to getting rid of social classes.nova net: he started a model socialist community in IndianaRobert Owen, in response to capitalism's problems, he devoted his resources to ridding of social classes, and struggled to realize a a model socialist community.