Capitalism

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CAPITALISM

SENIOR PROJECT RESEARCH PAPER

BY JASON GERKEN

CAREER ENGLISH

MRS. CONLON

5/14/95

CAPITALISM

Today in the joined States, a free market system or capitalist economy is the main economic system. I am interested in this subject because I someday wish to proclaim my own business. I believe that in the future this topic exit be very useful to me. Among the topics that I will prove are the greeks and romans early practices of capitalism, the ideas of Joseph Schumpeter, Rush Limbaugh, and Karl Marx, corporations, regulation by the goernment, and Reaganomics. I will also discuss the relationship between splashiness and unemployment. In addition, I will give my own attitude on the economic theories that Im presenting. These are just a some of the things that I will be discussing in this paper.

HISTORY OF CAPITALISM

Many of the institutions of capitalism prat be traced back to Greek and Roman durations. Things such as trade, moneylending, and insurance were well known practices to them. Unfortunatly, growth of the Roman empire prevented further development of a private

business class. As power over economic growth came back to the people or lords during the heart and soul Ages, modern capitalism started to evolve.



(The Software Toolworks Illistrated Encyclopedia)

In the late Middle Ages, the medieval economy was based on MANORALISM. This system said that peasants worked on the land that the lords owned, but everthing that was produced by them was kept in birth they had to perform services or pay dues to there lord. During this time period, there was no incentive to produce large and fatty resources. The end of the midieval Manoralism was brought about by a larger entreat for goods. Kings competed against lords, and lords competed with peasants for the rights to what was produced. As...

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