Question: a)explain what a capitalist system is and how it contributes to the levels of inequality we can observe both within and across countries. b)Give an

a)explain what a capitalist system is and how it contributes to the levels of inequality we can observe both within and across countries.

b)Give an example of a capitalist system with a non-democratic form of Govemment that exists today.

Does capitalism when combined with democracy lead to higher GDP growth over time? Why/why not? Does capitalism when combined with Democracy lead to less inequality? Why/Why not?

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