Capitalism
After the collapse of Communism, most of the countries selected capitalism as their economic system. Capitalism comes from capital that means in this system factor of production especially the capital is under the possession of individuals and firms, not the government. Capitalism has some characteristics like private property, freedom of enterprise and choice, self – interest, and competition.
Private property means that private individuals and firms own most of the factor of production but also the government owns a proportion of capital and land but mostly private individuals own most proportion of them. The right of private property enables individuals to utilize their own resources for their own benefits.
Freedom of enterprise and choice is one the most common principle of capitalism. Freedom means you’re free to produce goods and services that people demand. It is one the basic questions of economics that what should be produced? And capitalism answer what people want. In this term people are also free to choose among different goods and services and their wants and demand will determine the products. Although everyone is free to produce goods and services, it doesn’t mean that the government won’t involve on devotion of resource and even involving on production system. Government interfere by fiscal and monetary policies in devotion of resources. Also government will interfere bye tax on keeping the environment.
Self – interest doesn’t mean selfish but means every economic unite wants to maximize their own benefits. When someone work hard and gain some money and then spend it whit his family or pay his/her children tuitions, food expenses or other expenses in fact she or he helping others. When a person pay for a charity means that he or she is helping others. So self – interest does not mean that in this system no one helps others.
Competition is one the principles of capitalism and means that firms and individuals for selling their products and resources will compete each other. Competition doesn’t mean antagonism but making better their products and resources. So competition should be supported by law and the government will eliminate the monopolies and cartels.
Capitalism with having some characteristics like private property, freedom, self – interest and competition become acceptable for most nations. Private property that allow individuals and firms to own land and capital, freedom allow people to produce or utilize goods and services. Self – interest means that everyone tries to make better their products to achieve higher benefits. And finally competition means rivalry between people about using the resources. Capitalism with these characteristics can be the world economic system.
- TPO-8 3
- In the United States, employees typically work five days a week for eight hours each day. However, many employees want to work a four-day week and are willing to accept less pay in order to do so. A mandatory policy requiring companies to offer their empl 76
- TPO14 integrated writing: Salvage logging 80
- TPO22-Integrated writing 81
- TPO10Playing computer games is a waste of time. Children should not be allowed to play them 76
Grammar and spelling errors:
Line 5, column 604, Rule ID: MASS_AGREEMENT[1]
Message: Consider using third-person verb forms for singular and mass nouns: 'interferes'.
Suggestion: interferes
...olving on production system. Government interfere by fiscal and monetary policies in devo...
^^^^^^^^^
Line 5, column 604, Rule ID: HE_VERB_AGR[8]
Message: The proper name in singular (Government) must be used with a third-person verb: 'interferes'.
Suggestion: interferes
...olving on production system. Government interfere by fiscal and monetary policies in devo...
^^^^^^^^^
Line 5, column 672, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Also,
...tary policies in devotion of resources. Also government will interfere bye tax on ke...
^^^^
Line 7, column 273, Rule ID: HE_VERB_AGR[1]
Message: The pronoun 'he' must be used with a third-person verb: 'helps'.
Suggestion: helps
...ses or other expenses in fact she or he helping others. When a person pay for a charity...
^^^^^^^
Transition Words or Phrases used:
also, but, finally, if, so, then, in fact
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 10.0 15.1003584229 66% => OK
Auxiliary verbs: 7.0 9.8082437276 71% => OK
Conjunction : 36.0 13.8261648746 260% => Less conjunction wanted
Relative clauses : 12.0 11.0286738351 109% => OK
Pronoun: 34.0 43.0788530466 79% => OK
Preposition: 45.0 52.1666666667 86% => OK
Nominalization: 20.0 8.0752688172 248% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 2364.0 1977.66487455 120% => OK
No of words: 431.0 407.700716846 106% => OK
Chars per words: 5.4849187935 4.8611393121 113% => OK
Fourth root words length: 4.55637350225 4.48103885553 102% => OK
Word Length SD: 2.8686146661 2.67179642975 107% => OK
Unique words: 189.0 212.727598566 89% => More unique words wanted.
Unique words percentage: 0.438515081206 0.524837075471 84% => More unique words wanted or less content wanted.
syllable_count: 722.7 618.680645161 117% => OK
avg_syllables_per_word: 1.7 1.51630824373 112% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 9.59856630824 21% => OK
Article: 1.0 3.08781362007 32% => OK
Subordination: 4.0 3.51792114695 114% => OK
Conjunction: 3.0 1.86738351254 161% => OK
Preposition: 2.0 4.94265232975 40% => More preposition wanted as sentence beginning.
Performance on sentences:
How many sentences: 25.0 20.6003584229 121% => OK
Sentence length: 17.0 20.1344086022 84% => The Avg. Sentence Length is relatively short.
Sentence length SD: 42.7990654104 48.9658058833 87% => OK
Chars per sentence: 94.56 100.406767564 94% => OK
Words per sentence: 17.24 20.6045352989 84% => OK
Discourse Markers: 1.64 5.45110844103 30% => More transition words/phrases wanted.
Paragraphs: 6.0 4.53405017921 132% => Less paragraphs wanted.
Language errors: 4.0 5.5376344086 72% => OK
Sentences with positive sentiment : 17.0 11.8709677419 143% => OK
Sentences with negative sentiment : 1.0 3.85842293907 26% => More negative sentences wanted.
Sentences with neutral sentiment: 7.0 4.88709677419 143% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.21466206957 0.236089414692 91% => OK
Sentence topic coherence: 0.079662143627 0.076458572812 104% => OK
Sentence topic coherence SD: 0.133367140207 0.0737576698707 181% => OK
Paragraph topic coherence: 0.151590867186 0.150856017488 100% => OK
Paragraph topic coherence SD: 0.16927637804 0.0645574589148 262% => More connections among paragraphs wanted.
Essay readability:
automated_readability_index: 13.0 11.7677419355 110% => OK
flesch_reading_ease: 45.76 58.1214874552 79% => OK
smog_index: 8.8 6.10430107527 144% => OK
flesch_kincaid_grade: 11.1 10.1575268817 109% => OK
coleman_liau_index: 14.21 10.9000537634 130% => OK
dale_chall_readability_score: 7.85 8.01818996416 98% => OK
difficult_words: 92.0 86.8835125448 106% => OK
linsear_write_formula: 12.0 10.002688172 120% => OK
gunning_fog: 8.8 10.0537634409 88% => OK
text_standard: 9.0 10.247311828 88% => OK
What are above readability scores?
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Rates: 68.3333333333 out of 100
Scores by essay e-grader: 20.5 Out of 30
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.