Economic System Advertisement
Capitalism
Introduction
The benefits for my economic system are
- Economic freedom helps political freedom.
-If governments own the means of production and set prices,it invariably leads to a powerful states and creates a large bureaucracy which may extend into other areas of life.
The Facts
Capitalism means to produce and distributing goods pwned by a small minority of people. The people will need to sell their ability to work in return for a wage or salary.
Why Capitalism Works
Refutations
It stands in direct contrast to the government-controlled economies,where production and prices are set by a central division-making body.
Conclusion
Some benefits about capitalism are
- social good
-Equality
-to be the best
-have freedom
-build on democracy
-growth
-viable alternatives
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