Medical Tourism

Ian Lindeman MWF 12:30-1:20 Capitalism is an economic system where production is in private have and operated for a private profit. Capitalism depends on supply, demand, price, distribution, and app arlments in the free market. In capitalism profit is sent to the avowers who invest in businesses, and wages atomic number 18 paid to the workers employed by businesses and companies. On the other side of the economic system thither is socialism. Socialism is a system of production and assignation ground on direct production of values by allocation economic inputs. As well as producing and investing finished planning to satisfy economic demand. Although both deal with the economy, they discord betwixt each other. Capitalism is a system where resources are privately owned, whereas socialism is a system where goods are owned by the state or the public. Another difference between the two economic systems is the distribution and earning of wealth. In capitalism, everyone works for his own wealth, while in socialism everyone works for wealth which is distributed equally to everyone. The main force of capitalism is that the resources are owned by an separate or a group of individuals. The resources of the individuals is used and traded by their decision.

It is the governments job to ensure that each individual follows the rules. The government is not allowed to interfere with the individuals dealings. hence giving the capitalists the advantage over socialists. Under socialism, all resources are owned by all the people. This means that everyone has a translate in how the resources are used. In socialism, everyone works for the good of everyone else, and in that respect is no market. Saying that everyone can get what they bring when they need it, and there is no reason for them to pay for it. The government decides how the wealth is to be distributed to everyone. Those who believe in socialism believe that capitalism unfairly favors the rich. They believe that in capitalism, the power and riches are... If you command to get a full essay, order it on our website: Ordercustompaper.com

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