Capitalism
"Prosperity through the destruction of the economy."
Definition of Capitalism
Capitalism is economics based on private ownership and production.
"The forces of a capitalist society, if left unchecked, tend to make the rich richer and the poor poorer." -Alan Greenspan
Adam Smith
Adam Smith is said to be the person who came up with the theory of Capitalism.
Capitalism in Countries
Countries include:
- America
- United Kingdom
- Sweden
- South Korea
Why Capitalism is the Best.
In capitalism the people control their own businesses, which creates a better economy and many jobs for the people. Capitalism leads to innovation and new creations, and in addition creates more jobs and more money available. This is why capitalism is the best form of government.