Capitalism

By: Bradley Aguilar and Vanessa Moreno

Intro

Pros of Capitalism. Economic freedom helps political freedom. If governments own the means of production and set prices, it invariably leads to a powerful state and creates a large bureaucracy which may extend into other areas of life.

Facts

Capitalism is an economic system in which wealth, and the means of producing wealth, are privately owned businesses and controlled rather than commonly, publicly, or state owned or Capitalism is the exchange of supplies or goods between businesses and the people for money, of course.People are paid by working.They sell stuff in stores and sell to people who want it or they could sell it at the stores
HISTORY OF IDEAS - Capitalism

Refutation

Some criticisms of capitalism are that people dont like the higher prices but i mean thats why you work to get money.

Example

Some people say it means a production of goods and services are privately owned and operated for a profit

Conclusion

Capitalism: you own your life, you have a right to the fruits of your labour, and to enter into voluntary exchanges with others.