Why are ideological terms like capitalism inadequate


Problem

Why are ideological terms like capitalism and socialism inadequate for assessing the workings of the laws of demand, supply, and their equilibration? Why are they inadequate for evaluating the roles of government and obligation?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why are ideological terms like capitalism inadequate
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