Summary
This article Split into two parts economy and ~lism. First economy
refers to the ways
people use their environment to meet their material needs. And economy includes
the production, exchange, distribution, and consumption of goods and services. Read
these sentences, I know about concept of economy. In history part, I know the
process of growth of the economy. Growth of economy Divided into an ancient,
medieval
and
modern. In ancient time, Lydians introduced the use of gold and silver coin. And
Babylonians exchanged the surplus productions with their city state neighbors in
the marketplace, later the marketplace complex and larger than before. In medieval times, exchange occurs
between groups, not happens between the individual and individual. Also Imperialism was born, which is due to the explorers, and In imperialism, European countries developed
thanks to the colonies. and Monetary economy is made
by the
Muslim. Second I know about ~lism. For example i
could know about Capitalism and
Socialism. It can be seen that the development of capitalism has
developed through the colony. And Socialism has encounter criticism.
Mention
Read this article, I know many knowledge of
economy. In particular, the fact the monetary economy created by
Muslim is surprising. And I don’t have anything interest about economy
when I read this article before. But read this article I interest in economy.
Question
Why many countries have adopted a combined approach of capitalism
and socialism, not purely capitalism?
I think maybe.. because, captalism and socialism have merit and fault each. Captalism show exellent abillity developing economy, society and technology. But it can decrease quality of life. Like gap between rich and poor, unemployment and excessive competition. In other words, captalism ignores the welfare. So socialism can supplement this problem. Socialism dived the goods equally. Socialism dived rich's property to poor. Therefore many country adopted the way combine of two systems.
ReplyDelete