You have some land and raise sheep so that you can sell the wool to buy clothes. What is your "circuit of capital" as a

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You have some land and raise sheep so that you can sell the wool to buy clothes. What is your "circuit of capital" as a

Post by answerhappygod »

You Have Some Land And Raise Sheep So That You Can Sell The Wool To Buy Clothes What Is Your Circuit Of Capital As A 1
You Have Some Land And Raise Sheep So That You Can Sell The Wool To Buy Clothes What Is Your Circuit Of Capital As A 1 (21.36 KiB) Viewed 18 times
You have some land and raise sheep so that you can sell the wool to buy clothes. What is your "circuit of capital" as a simple commodity producer? What happens if you go to work for a capitalist sheep farmer? How does this show the different orientation of capitalists versus simple commodity producers? Capitalism began in Southeast England, North East France, and Belgium and the Netherlands in the 15th and 16 centuries. Since then it has expanded and now the economy of virtually every country and region is dominated by capitalist relations. Use the circuit of capital to explain the expansion of capitalism.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply