capitalism gives people an incentive to work hard and people are allowed to accumulate wealth.

it lowers tax rates compared to the other political regimes, the individual performance is valued .
capitalism encourage competition efficiency market is also maximize. it also encourages technological
progress building will be off get your quality and average.it helps gdp increase.

https://environmental-conscience.com/capitalism-pros-cons/

The benefits of socialism

Reducing moderate poverty. ...

Free health care. ...

Reduce revenue. ...

A highly equitable society is cooperative. ...

The principles of Socialism promote self-sacrifice rather than selfishness. ...

Benefits of community ownership. ...

Nature. ...

Hidden tax cuts.

(1) Public Ownership: ...

(2) Medium Editing: ...

(3) Specific Objectives: ...

(4) Freedom of Use: ...

(5) Equity for Distribution of Earnings: ...

(6) Planning and Procedure: ...

(1) More Economic Performance: ...

(2) High Benefit Due to Low Income Inequality:

Capitalism was involved in the cause and effects of the Great Depression in many ways. The stock
market crashed with banks which resulted in bankruptcy, international currency declining and
companies failing. This has resulted in people losing their jobs, their farms, and even their homes.

https://www.yourarticlelibrary.com/economics/socialism-features-merits-and-demerits-of-socialism-
economics/10542
Communism Theory (and only that) that promotes the abolition of
private property; a a system in which equally managed assets are
available to all as required.

Fascism Political theory that elevates nation and race above man
and that represents a dictatorial government led by a dictatorial
opposition, strict economic and social control, and the coercive
repression of opposition.

Feudalism The social system is organized around a common set of

consistent legal ones military ties between European warlords in
the Middle Ages Age, surrounding kings, vasals, and fiefs.

Mercantilism

The economic system that grew during the decay of feudalism to

consolidating and expanding the capacity and especially the
national financial resources with policies designed to protect the
collection of bullion, which agrees trade equity, agricultural and
commodity development, and the establishment of foreign trade
monitors.

Anarchism

Political theory that holds all forms of governmental authority

unnecessary and unwanted, to promote a community based on
voluntary cooperation and the interaction of individuals and
groups.
Freedom

An economic theory that emphasizes individual self-control and

is generally based in free competition, self-governing market, and
gold standard. Politics a philosophy based on the belief in
progress, the essential beauty of man, and individual
independence and advocacy for political protection and economic
freedom. .

Conservatism

Political philosophy based on culture and social stability, emphasis

institutions established and preferred to be developed more
slowly than rapid change.

Consistency

A non-controversial system where people fulfill all of their

personal characteristics possible. This is Utopian (a mythical
world) and incorporates Marx's view of harmony in the
Communist Manifesto.

Communism

A system based on the traditions in which the participatory

activity of the group is considered fun and where people are
encouraged to pursue personal well-being by public works.
Communism Theory (and only that) that promotes the
abolition of private property;

Anarchism Political theory that holds all forms of

governmental authority

Politics a philosophy based on the belief in progress, the

essential beauty of man, and
1. Domar associates investment in terms of income growth, but Harrod
is interested in how investment goes back to income rates. ... Harrods
uses three different growth rates. Since the end of World War II, interest
in the issue of economic growth has led economists to develop different
types of growth models. These models address and emphasize
different aspects of growth in developed countries.

2. The rationale for Mahalanobis growth models and development

strategies can be expressed in simple terms without the use of
mathematical terms. According to Mahalanobis, economic growth depends
on capital formation or real investment. The higher the capital formation
rate, the higher the economic growth rate. Feldman's two-sector growth
model (1928, 1953) is often used as a benchmark to study the impact of
investment allocation on economic growth. This is a model of the
consumer and investment sectors where capital goods can be used to
enhance the capacity of both sectors.

leontief's input-output model Input-output models or input-output

technologies are used to analyze relationships between industries.
Understand the interdependence and complexity of the economy and
therefore Conditions for maintaining a balance between supply and
demand. According to Gataku (1995) This technique usually describes
general equilibrium analysis and empirical aspects. The economic system
of national production. Also called "inter-industry" analysis. " As the
best variant of general equilibrium analysis, Zingan (2004) counts three
major analyzes. The characteristics of input-output analysis are as
follows. Focus on an equilibrium economy It does not apply to partial
equilibrium analysis. It doesn't care about demand analysis. It deals
only with technical issues in production. And it is based on Empirical
research. According to the assumption that the technology is based
Ghatak (1995) has no substitutions between inputs, Output and input
coefficients are constant-Linear input function means limit function
The input factor is equal to the mean. General products are excluded.
So every industry Harrod Domar model is a Keynesian economic growth
model. .. .. It suggests that there is no natural reason for the economy to
grow evenly. The Harrod-Domar model suggests that economic growth
depends on two things. Amount of savings (the more savings you have,
the more investment you have). A low capital performance ratio means
that the investment is more efficient and the growth rate is higher.

1Traditional societies: This stage is characterized by a sustainable

agricultural economy with a concentrated workforce and a small
amount of trade, and a population without a scientific perspective on the
world and technology.

2Start requirements: Here, the enterprise develops production and

begins to develop a more domestic / international perspective rather
than a regional one.

3Takeoff: Rostov describes this stage as a short stage of rapid growth

where industrialization begins and workers and institutions concentrate on
new industries.
Drive to Maturity: This phase will take place over a long period of time as
living standards improve, technology use increases, and the economy
grows and diversifies.

3Era of Mass Consumption: At the time of writing, Rostov believed that

Western nations, especially the United States, occupy this last
"developed" stage. Here the country's economy thrives on a capitalist
system characterized by mass production and consumerism.

https://www.thoughtco.com/rostows-stages-of-growth-
development-model-1434564
he government is trying to combat market inequality through regulation,
taxation and subsidies. Governments can also intervene in the market to
promote general economic equity. Maximizing welfare is one of the most
common and well-understood reasons for government intervention.
Without government intervention, businesses can use their monopoly
power to pay low wages to workers and charge consumers high
prices. .. .. State intervention can regulate monopoly and promote
competition. Therefore, government intervention can promote greater
income equality, which is perceived to be fair in the distribution of
products. The government controls all aspects of economic production. ...
the market economy assumes that people's needs are not met.
Therefore, in a centralized planned economy, the government controls
decision making. The government can set prices for goods and
services. In a centrally planned economy, important economic decisions
are made by central authorities. The centrally planned economy is in
contrast to the market economy, where a large number of individual
consumers and commercial private companies run most or all of the
economy. Proponents of the Central Planned Economy believe that
central authorities can better achieve their social and national goals by
addressing egalitarianism, environmental protection, anti-corruption,
anti-consumerism and other issues. Prices are controlled, so everyone
can afford to consume goods and services. Wealth inequality is reduced.
Resource allocation is centrally planned, so there is no duplication of
work. The unemployment rate is low because the government is trying
to provide employment for everyone.