-
Essay / Significant Impacts Underlying the Capitalist Market Structure
Based on the movie I watched, I noticed that there are many significant impacts underlying the capitalist market structure. Say no to plagiarism. Get a custom essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay First, in the capitalist market structure, people tend to automatically have a very strong incentive to work for more profit and gain. money in order to maintain their lives or improve their living conditions. This leads the society to have a greater variety of goods and services, jobs available in the market, which improves the trade and economy of the country. Despite this, this makes the market extremely competitive, as shown in the film where Chris Gardner is forced to work harder than everyone else to stand out differently in order to get a position among all the company's interns, Dean Witter. Second, based on the first example above, this will lead to high unemployment and inflation. The reason is that the market lacks social protection, causing the unemployed to suffer throughout their lives. As shown in the film, Chris Gardner has a huge problem surviving and raising his son in very poor conditions. So he has to take care of his son, study and work, and earn extra money to pay his rent and basic expenses. promote and sell medical scanners, all at the same time. In fact, in the capitalist market structure, most assets are owned by rich and successful people; as for a businessman, he would not do non-profit activities like renting out his buildings or distributing free food to the poor. Thus, the government and social welfare agencies have limited resources to help the unemployed and homeless. Keep in mind: this is just a sample. Get a personalized document from our expert writers now. Get a Custom Essay Finally, this type of economy is very flexible but often unstable. Indeed, people have absolute economic freedom to choose their job or their consumer goods and services; however, employment opportunities offered by the company are limited. Additionally, the economy is unpredictable. For example, Chris Gardner believed that working as a salesman selling scanners could give them a better life. However, the economy of that time was not good at all, doctors believe that the product he was promoting is an unnecessary luxury product, which makes it very difficult for him to sell his products..