by: Ashly Salazar
What is Capitalism?
Capitalism is an economic and political system based on the recognition of individual rights, which allows a country's trade and industry to be controlled by private owners for profit, rather than by the state. Everyone is paid the sufficient amount that they work for and people are free to buy or sell things without the government or state's approval.
Capitalism,provides more choice than ever before, you can eat any kind of food; low fat food, organic food, and free-range food. One of the basic principles in Capitalism is that the harder you work, the greater your reward and pay, and it works perfectly with democracy: everyone gets 1 vote, and thus equal power politically, whatever their race, political views or gender.Capitalism also allows the economy to grow exponentially.