Capitalism

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What is Capitalism

Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Why is Capitalism good

Capitalism is a system in the economy where capitalists or private business owners are given the chance to own a business. The owner has the right to manage the whole business, production, and enterprise.

Benifits of Capitalsim

  • 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.

  • Efficiency. ...

  • Economic growth. ...

  • There are no better alternatives

Where is Capitalism Influenced

United States of America and Great Britan