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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

Posted: Sun May 29, 2022 6:54 pm
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 19 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.