Capitalism

Full, Pure, Uncontrolled, Unregulated,

Definition

economic system characterized by private or corporate ownership in capital goods.

competition in free market


Background of capitalism

The only country closest too a pure capitalist government is the USA.


Country's that have capitialism

US, UK, Canada, Sweden, Japan, Columbia are the country's that have close too a capitalist government.


Pros and Cons

Pros


Economic freedom helps political freedom

Economic growth

Efficient

Cons

Social Benefit Ignored

Inherited Wealth and Wealth inequality

Inequality creates social division

Summary

Capitalism is one of the more free and stable government out of all the other governments because it gives u the right to own and create your own stuff. Free market.