How do we create a Economic system where wealth is generated in bottom 99 % population rather than hold of 1 % people?

Q: everyone used to be poor,” then how did some ancient civilizations afford to create massive…

A: A competitive market is a design wherein no single purchaser or maker has the ability to impact the…

Q: What does human capital theory assume?

A: Human capital hypothesis is a hypothesis of profit, one of the significant determinants of…

Q: Describe two examples of human capital that you have developed. List three additional examples of…

A: In Democratic government which many country use, it has been seen that there is both public and…

Q: List the causes of structural poverty?

A: Poverty is about not having enough money to meet individuals' basic needs, including food, shelter,…

Q: Karl Marx believed that the key to human history was class conflict. According to Marxist theory,…

A: No, the above mention passage is not an argument. But a debate or say the discussion is made to…

Q: How best would you decipher the difference between human capital, social capital, economic capital…

A: Capital in economics matters incorporates substantial resources, for example, apparatus and gear…

Q: Discuss some of the negative effects of family structure of the 1950s and today.

A: The combination of relatives that make up a family is referred to as its structure. The existence or…

Q: Explain the concept of land reforms and give justification of these land reforms?

A: There often exists a trade-off between efficiency and equity. This means that a choice must be made…

Q: Scholars have identified many different broad “types" of interest groups. Which type can best be…

A: Today, there are so many organised lobbyists. They representing all parts of society and addressing…

Q: What is the state of distribution of wealth globally and in the US?

A: The term "wealth distribution" refers to a comparison of the wealth of various individuals or groups…

Q: b) Discuss the key features of the pre-industrial world that made the economy "“Malthusian," in…

A: Malthus wrote about the poverty and underdevelopment of underdeveloped countries in his Principles…

Q: 4.9 Going to Law School at the Age of 50. Although we might admire someone who decides to attend law…

A: The profit is maximized at the point where the marginal revenue is greater than the marginal cost.

Q: Economics What were the two principal class conflicts during Matlhus' lifetime (1766 – 1834)? 2.Hunt…

A: Malthus was a prominent economist of his time and made a substantial contribution in the field of…

Q: What was operation ser? What was it's purpose? Give me 2 examples and explain your examples.  What…

A: Opretion SER SER (Service, Employment, and Redevelopment) is a private, nonprofit organisation that…

Q: Problem 20 a) In simple words explain the human capital theory.

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: a) The three main categorizations of the American version of the welfare state. b) Discuss how and…

A: Welfare state: It refers to a state under which the main concern of the government is towards the…

Q: Below shows the schematic diagram of the circular flow of income. The functioning of the free-market…

A: The economics as a study takes into account the scarcely available resources, as the resources in…

Q: Why is the typical American today more than 10 times richer than thetypical American a century ago?

A: The US economy is now the leader in the capitalist economies around the world. The growth and…

Q: one: If welfare payments increase, the world will be a better place. Prices rise when the government…

A: Economics is the investigation of shortage and its suggestions for the utilization of assets,…

Q: ________ is a fundamental aspect of economic system in which individuals, rather than the state,…

A: Economic freedom or liberty is a fundamental aspect of an economic system in which individuals,…

Q: Human Capital Theory

A: Human capital theory emphasis on the development or up-skilling of the of the human capital. This in…

Q: What is the relationship between class, different types of capital, and mobility??

A: The movement of people or groups in social positions over time is referred to as social mobility.…

Q: The Economist article on human capital says that human capital theory tries to answer which of the…

A: The human capital theory places that human creatures can expand their useful limit through more…

Q: In the reading, "Structuring Hispanic Identity," what social (economic, legal, etc.) and political…

A: As I would like to think, White American culture has a delicate corner for Cubans and Puerto Ricans…

Q: Equity is not equality but the concept of

A: Equality is the impact of treating each as without distinction; every individual is considered…

Q: what are the privilages of familial capital

A: Along with the incomes that a person earns in his/her lifetime, some other kinds of wealth make…

Q: When does underdevelopment takes place in a country's economy? What is their worst scenario/or the…

A: Development is a term used in the economics to signify improvement in the standard of living of…

Q: . In America, working-class individuals who fail to experience upward mobility claim that it is the…

A: Upward mobility refers to the increase in the social well-being of an individual in an economy. The…

Q: Q)What is empowerment? How can the psychological components of empowerment be examined at the macro…

A: Empowerment: It can be defined as the upliftment of human resources, if either men or women are not…

Q: How was the second wave of immigration at the end of the 19th and beginning of the 20th centuries…

A: From the 1880s through the 1920s, the first wave of immigration to the United States occurred. This…

Q: Why isn’t money considered a capital resource in economics? Why is entrepreneurial ability…

A: In economics, the problem of scarce resources is addressed as these resources are essential to meet…

Q: A poverty trap is represented by point population growth and on the diagram below and represents a…

A: The poverty trap means that a low income leads to low savings leads to low investment leads to poor…

Q: Discuss the ways a college degree a form of capital.

A: A college diploma is a type of capital because it will potentially help you acquire a better-paying…

Q: Can we really end poverty? Explain.

A: Meaning of Poverty or Scarcity: The term scarcity or poverty refers to the situation under which…

Q: example

A: Capital deepening refers to a situation where the capital-labour ratio, or the level of capital per…

Q: Locke’s view that labor creates property rights has been influential in the U.S) True False

A: Answer: According to John Locke, Human being has a natural right to have the liberty and private…

Q: What is human capital? Is education important in increasing the quality of human capital or not?

A: Human Capital The economic benefit of a laborer's experience and talents is referred to as human…

Q: It is argued that as a result of growing dependency on government's welfare programmes, marginal…

A: The government welfare scheme provides assistance to the poor, with services such as health…

Q: how does the bill of rights connect to equality and freedom? Without the bill of rights would there…

A: Individual civil rights and liberties, such as freedom of speech, press, and religion, are protected…

Q: Why does the U.S. fall at the bottom of family leave entitlements in developed countries ?What would…

A: In "new economy" non-standard schedule works are very common. Over the past decade, the amount of…

Q: Which class has the largest individuals? Which is the most economically important?

A: There are three classes of an individual: Lower class: An average income of this class falls below…

Q: The Gilded Age was a period where all Americans benefited socio-economically true or false

A: The gilded age refers to the period between 1870 -1900. It was a period of abrupt changes in…

Q: G Product K Households M Factor

A: The product market is the place where final goods or services are sold to firms and the public…

Q: The cards were obviously stacked against J.D. Vance, however, he was able to achieve upward…

A: J.D. Vance is known to have overcome poverty from a place where the entire community was thrust into…

Q: What are the two main attitudes that surround explanations for the causes of poverty in the US (name…

A: Poverty: It refers to a situation under which people of the economy are unable to fulfill their…