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In the Hunger Games video, Jacob Clifford gave what examples of Capitalism? (Hint: there are 4 correct options)
Comparative Advantage
Specialization
Opportunity cost
Panem Government
Income Inequality
Use of force to get people to buy things

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Tundexi

Jacob Clifford gave examples of Capitalism in the Hunger Games video and they include:

  • Comparative Advantage
  • Specialization
  • Opportunity cost
  • Income Inequality.

What is a Capitalism?

This is also known as free market system, free enterprise system or free economic

In the Capitalism type of economy, the people own the factors of production and make decisions based on their own best interest. Although, the Government limits its interference in the marketplace and competition between sellers helps keep prices down for buyers.

According to the economists, the five conditions must be present for capitalism to exist are:

  • economic freedom
  • competition
  • voluntary exchange
  • private property rights,
  • motive to earn profits

In conclusion, he gave examples of Capitalism in the Hunger Games video and they include Comparative Advantage, Specialization, Opportunity cost and Income Inequality.

Read more about Capitalism

brainly.com/question/25879591

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