Sajid Opines

Capitalism word Writer: Salman Ahmed Student, Business Administration Is capitalism better than Socialism? I wrote this paper from my own perspective and there can be controversies in ideas, one may agree or disagree. Neither am I a scholar nor an economist. However, I wrote this after reading different views of different people and analyzing things. Every country and nation is striving for development and many of them succeeded in that. The countries that are said to be developed are USA, UK, Singapore, Canada, South Korea, Norway, France, etc. So, what are those policies and factors that made them developed? In every country, there is a system and government that runs the country and that either leads to construction or destruction. Capitalism is that system that invokes development to many of the above-mentioned countries. Capitalism is not just a school of thought but it is a complete system that defines different factors. So, is capitalism better than other s

Author: Salman Ahmed Student, Business Administration Financial reporting The history and Financial crisis of 2007 tells the importance of financial markets. World system theory has divided countries into three categories. The categories are core (Developed), semi-peripheral (Developing) and peripheral (Underdeveloped). Core countries are said to be developed because of many reasons. And one of the reasons is investment. The development of any country majorly depends upon the investment made domestically. And that investment turns into more capital accumulation. Resultantly, it enhances growth and leads to development. Financial markets pave the way for development. It lessens the unemployment, reduces poverty, and increase capital accumulation. The financial market is the engine of the economy because they help in directing the flow of savings and investment in the economy to facilitate the more accumulation of capital and production of goods and services. Somehow, we c