When the price becomes lower on a particular product, the demand for that product rises, and greater quantities of that product are sold (Bolotta, Hawkes, Mahoney, Piper, 2002) . Because a capitalist government does not regulate this cycle of supply and demand in a free market system, there is nothing restricting the growth of the economy's GDP per year...
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For example, all 5 countries with the highest GDP per capita are capitalist countries with some form of a market system (CIA World Fact Book, 2007). Clearly, the potential output of these countries is being allocated efficiently for them to produce a GDP per capita high enough to claim that title. For example, in Qatar, the country that boasts the highest GDP per capita in the world, businesses are highly dependent on oil – their oil reserves of 15 billion barrels should ensure continued output at current levels for 23 years (Library of Congress, 2005)...
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Great Depression of 1929 Second, there are structural theories, including those of institutional economics, that point to underconsumption and overinvestment (economic bubble), malfeasance by bankers and industrialists or incompetence by government officials...	12 / 3322
The Causes Of The Great Depression The stock market crash intensified the course of the Great Depression in many ways. Besides wiping out the savings of thousands, it hurt commercial banks that had invested heavily in corporate stocks...	4 / 908
A Further Study To Lawrence Stratton'S Economics Of The Great Depression When the Federal Reserve limits the money it gives to banks, the banks offer fewer loans and make fewer investments, thus decreasing the amount of currency in the system...	3 / 776
Life After the Great Depression Farmers didn't profit from their crops because demand fell. Basically people with a family were living in one room houses. There were huge soup and bread lines because people were homeless...	2 / 356