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30 June, 00:04

How must a country's citizens's understanding of economic incentives change in order to transition to capitalism?

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  1. 30 June, 01:22
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    The inhabitants of the countries that are in the transition to capitalism, face the challenge of changing their established forms of economy, seeking to adapt to a competitive world, where national and international markets decide the value of things. For people it’s vital to learn to make their own decisions, learn how to establish their own businesses, and begin to open a path in foreign markets that will reach your country. Many changes come with capitalism, and the government of the countries also comes to change or create laws, and drastic provisions to adapt to the change of market and economy.
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