Compare circuit of production under capitalism with circuit


a. Compare the circuit of production under capitalism with the circuit for your family in producing dinner.

b. How do capitalists make profits? Use the circuit of production to identify problems they might face.

c. Why is capitalism an expansive system? Use the circuit of production to identify why capitalists seek new markets for their produce, new technologies of production, and new sources of labor.

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Microeconomics: Compare circuit of production under capitalism with circuit
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