By: Kaden Roenfeldt and Payton Rediger
What is Capitalism?
Where is Capitalism used?
People vote for new leaders or laws.
Pros and Cons
Self Regulation- Allowing people to buy what they want from who they want helps regulate customers changing needs
Innovation- Companies can fund innovation and development to help grow or help their company
Politics and Religion- Any person can believe in anything or any religion and they can have their own personally view in politics.
Class Gap- The gap between the poor and wealthy is largest in capitalism or most noticeable
Monopolies- Other companies tend to try and outrun the other companies to become superior and make most money.
Automation- Automation of factories by machine reduces on cost but also takes away the number of jobs