Topic > Significant impacts underlying the market structure of capitalism

Based on the film I watched, I noticed that there are many significant impacts underlying the market structure of capitalism. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay First, in the capitalist market structure, people tend to have a strong automatic incentive to work for more profits and money with the aim of supporting their own interests. live or improve one's life condition. This leads to the society having a greater variety of goods and services, jobs available in the market which improves the trade and economy of the country. Despite this, this causes the market to be extremely competitive, as demonstrated in the film where Chris Gardner is forced to work much harder than everyone else to stand out differently in order to get a job position among all the interns at the company, Dean Witter Secondly, based on the first example above, this will lead to high unemployment and increased inflation. The reason is that the market lacks social welfare, which makes the unemployed suffer throughout their lives. As shown in the movie, Chris Gardner is having a big problem to survive and raise his son in very bad conditions, so he has to take care of his son, study and work, and earn extra money to pay rent and basic expenses. promote and sell medical scanners, all in the same period of time. Indeed, in the capitalist market structure, most goods are privately owned by rich and successful people; as for a businessman, they would not do non-profit activities such as renting out their buildings or distributing free food to the poor. Therefore, this causes the government and social welfare organizations to have limited resources to assist those who are jobless and homeless. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom EssayFinally, this type of The economy is very flexible but often unstable. Indeed, people have absolute economic freedom to choose for their work or consumer goods and services; however, the job opportunities offered by the company are limited. Furthermore, the economy is unpredictable. For example, Chris Gardner thought that working as a salesman selling scanners could help them have a better life. However, the economy at that time was not good at all, doctors think that the product he was promoting is a useless luxury good, and this makes him struggle a lot to sell his products.