Explain the differences between the competitive sector and the monopolistic sector

Length: Double spaced, between 750 and 1000 words (including references).

Papers should be double spaced, with 12 point font (such as Times New Roman, Arial or Cambria) and one inch margins. Use paragraph format and provide a title page and a bibliography. Each page of your essay (except the title page) must be numbered.

You will need to find and use two secondary ACADEMIC sources 2 for this essay (no Wikipedia, dictionary.com, etc.). Include a properly formatted bibliography at the end of your essay. Your essay must start with a comprehensive introduction which includes: i. The position the author takes on the key question; ii. Your thesis; and iii. An explanation of how your essay will be organized. Your essay must have a clear paragraph structure, each starting with a clear topic sentence.

Essay Topics (choose 1 topic):

1. Explain the differences between the competitive sector and the monopolistic sector, in terms of market mechanisms and sales effort. What are the strategies used by monopoly capital to stimulate effective demand? Provide a definition of planned obsolescence and its social consequences.

2. Compare planned and market economies, minimally by using the notion of the social division of labour. Then, explain how our businesses are regulated in a capitalist society like ours, by providing explanations drawn both from the public interest perspective and the mainstream perspective on market regulation.

3. Provide a definition of the social reproduction theory and its contribution to Marxism. Explain how the relationship between production and social reproduction has evolved from the traditional family, the industrial period, the modern family and the postmodern family. Compare how women from different class backgrounds attempt to cope with the contradiction between capital and care under postmodern era.