Please I hate economics I’m failing AP Econ
It all comes always down to the economy, doesn't it. Politics are just the enabler of the market.
I lived in the US for a while and saw what extreme capitalism can do to a country, and it was honestly frightening! There must be sth in between capitalism and communism that doesn't destroy societies.
The extreme example that i can see for communism is North Korea and for capitalism is South Korea. No offense to anyone from this country
I'm sorry did you just call nk communist
socialism
And not being an authoritarian and let's-kill-everyone-who-disagrees state
Don't say the s-word...you'll frighten the US-Americans. xD
But srsly, socialism works pretty well, I'd say.
Its a simple supply n demand. To make the price higher u have to mess with the supply. So if the supply is little but a lot of a people want to eat a price will go up to the sky. This can be done by a supplier to consumers. And that is why a luxury brand exist.
Thats all folk. Thank u for coming to my ted talk