Saturday, September 29, 2018

Economy/week4/Um seoyoung 엄서영

1.summary
Economics is the use of the environment to meet the physical needs of people.
The economy is related to technological evolution, history and social organization, geography, natural resources, and ecosystems.
Capitalism is an economic system dominated by capital for profit-seeking purposes.
Capitalistic economics developed from five interplay categories: commodities, money, labor, production means, and production.
Socialism is an ideology that values the interests of society as a whole, rather than guaranteeing as much as possible the will and freedom of individual human beings.

2.interesting point
Our country is now a capitalist society. Critics of capitalism believe it has something to do with the unfair distribution of wealth and power.
Of course, as much as the profit you create, as you work, I think it's useless to get paid. However, I think it's a problem that the nation's social structure is becoming rich again, and that it is said that money makes money.

3.discussion point
What kind of economic system do you think would be if the nation with the capitalist system and the communist country were reunified, which would be more equal in socialism and distribution?

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