Question
using this link: https://finance.yahoo.com/news/recession-proof-microsoft-lays-off-120012632.html?fr=yhssrp_catchall 1. Explain how the situation in this article demonstrates a capitalist economic system? Explain how the specific ways of approaching resource
using this link: https://finance.yahoo.com/news/recession-proof-microsoft-lays-off-120012632.html?fr=yhssrp_catchall
1. Explain how the situation in this article demonstrates a capitalist economic system? Explain how the specific ways of approaching resource management, production, and distribution (which may be directly discussed in the article), How many characteristics of capitalism are present in this situation, and NOT of other kinds of economic systems?NOT of the other possible kinds of economic systems.
2. Explain how the situation in your article demonstrates the strengths of capitalism. In this specific case, where do you see the benefits of the centralized and decentralized nature of capitalism? Explain more sin details the reasoning.
3. Discuss how the good in your news article could be produced in other economic systems and describe what this could look like. How does this apply tothis specific situation?
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