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How do you understand the theory of capitalism

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Reference no: EM133186649

Question 1.

Compare and contrast the major contribution made to the field of economics by three contending theories you have studied (Neoclassical, Keynesian, and Marxian) in this course, What specific theory has made a major breakthrough in addressing the economic crisis of 2008?

Question 2.

How do you understand the theory of capitalism? How did the concept of capitalism has changed over time and in what direction to the stage of economics of 21st century? Give specific example as part of your answer.

Reference no: EM133186649

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