Lauren Brockmiller Dr. Barr BUS 101 1) a. The US economy does not operate under “pure” capitalism. This claim is supported by the simple fact that we, as a country, still have lower and middle classes. If we operated under pure capitalism, they would be merged into one. There would be no “Lower class,” and the wealth would be spread among everyone that falls in these classes. This is not how our reality works. There is a very distinct lower and middle class. b. The US should not operate of under a state of “pure” capitalism. I believe this because, as my parents are small business owners, this would take away our income. It is how my family has always been, we’ve always been innovative thinkers that make our own path.
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This note was uploaded on 08/29/2011 for the course BUS 101 taught by Professor Rollins during the Spring '08 term at Miami University.