Discuss the Market Capitalism Model and Explain How It Differs

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The Answer is The market capitalism model depicts businesses as operating within a market environment,responding primarily to powerful economic forces where it is substantially sheltered from direct impact by social and political forces.The market acts as a buffer between business and non-market forces.The model incorporates important assumptions such as called laissez-faire.Another assumption is that individuals can own private property and freely risk investments.
The dominance model represents primarily the perspective of business critics.In it,business and government dominate the great mass of people.Proponents believe that corporations are insulated from pressures holding them responsible,that regulation by a government in thrall to big business is feeble and that market forces are inadequate to ensure ethical management.

Discuss the Market Capitalism Model and Explain How It Differs

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Discuss the Market Capitalism Model and Explain How It Differs

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Correct Answer:
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