--%>

Decentralized a virtue of capitalism and its decision making

The idea which a virtue of capitalism is decentralized its decision making emerged while: (1) social philosophers looked for alternatives to feudal kings like economic regulators. (2) Russian imperialism fostered anti-communist sentiment after World War I. (3) early Christian philosophers sought to decrease human greed. (4) early mercantilists and merchants attempted to cast off the secular customs which impeded profitable commerce. (5) anarchists tried to overthrow late ninetieth Century European monarchs.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

   Related Questions in Business Economics

  • Q : Illustrate the advantage and

    Illustrate the advantage and disadvantage of Partnership?

  • Q : Illustrate 2nd function to promote and

    Illustrate the 2nd function to promote and maintain competition?

  • Q : Characteristics of Perfectly

    Perfect competition is characterized by all of the following except w) heavy advertising by individual sellers. x) homogeneous products. y) sellers are price takers. z) a horizontal demand curve for individual sellers.

    Q : Banking crisis on checkable deposits

    Question: Some developing countries have suffered banking crises in which depositors lost part or all of their deposits (in some countries there is no deposit insurance). This type of crisis decreases depositors' confidence in the banking syst

  • Q : Competitive market economy will make

    Briefly explain how the competitive market economy will make the needed adjustments to reestablish an efficient allocation of society’s scarce resources?

  • Q : Organization identify the reasons for

    identify the reasons for the formation of organizations

  • Q : Distinguish between the resource market

    Distinguish between the resource market and product market in the circular flow model.  In what way are businesses and households both sellers and buyers in this model?  What are the flows in the circular flow model?

  • Q : Illustrate and clarify the economizing

    Illustrate and clarify the economizing problem?

  • Q : Regulate prices to ensure against

    Not between exact activities for government to undertake, according to Adam Smith, would be for the government to: (1) maintain public institutions and public works. (2) protect society by invasion. (3) serves as a medium for law and justice. (4) regu

  • Q : Illustrate the Comparative advantage

    Illustrate the Comparative advantage and terms of trade?