Asked by Jaden
Due tomowrow and need help on these questions:
1. Explain Marx’s labor theory
of value.
2. Why do you think that
most economies are
mixed economies
instead of purely capitalist
or purely socialist
economies?
3. Choose a current economic
issue or policy
measure and then contrast
the way a proponent
of capitalism would
discuss it versus how a
proponent of socialism
would discuss it.
1. Explain Marx’s labor theory
of value.
2. Why do you think that
most economies are
mixed economies
instead of purely capitalist
or purely socialist
economies?
3. Choose a current economic
issue or policy
measure and then contrast
the way a proponent
of capitalism would
discuss it versus how a
proponent of socialism
would discuss it.