1. Capitalism - Force of Social Change
Such private enterprises can only thrive where government policies promote the idea of a free market so as to tap into the markets beyond a country's border (Dicken). ... So as to be more competitive, governments have embraced innovation in production and distribution of its home products. ... The second change was the formation of a truly global capitalist economy influenced by the rise of Asian economies (Japan, Korea, India and China) and re-emergence of market economies in Eastern Europe and Russia after 1989. The final was the synchronized promotion of competition and openness by the...
- Word Count: 1750
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate