Capitalism

1
Capitalism

• By Allie, Bradley, Jonathan, Sharly.

2
Detail

• Capitalism economic system characterized by
  private ownership of businesses and marketplace
  competition, a free enterprise system.
• Principles of Free Enterprise Freedom of
  Ownership, Competition, Risk, Profit Motive,
  Limited Government control.

3
Countries of Capitalism

• United States
• Japan
• Britain
• Canada
• New Zealand
• Ireland
• Denmark

4
Advantages

• Has limited control over business, letting
  businesses compete
• Lets people choose what kind of work they want to
  do and where
• The people can spend their money how and where
  they want

5
Disadvantages

• Barriers are between people with how much wealth
  they have or money they make
• The government has little control over business
  so the business can make its own rules for the
  industry

6
Interesting Facts

• Capitalist economic practices became
  institutionalized in Europe between the 16th
  19th centuries.
• Capitalism is a market economy in which the
  market answers the three economic questions.

7
Links

• Wikipedia - http//en.wikipedia.org/wiki/Capitalis
  m
• Capitalism http//www.capitalism.org/

8
Sources

• Marketing Essentials by Lois Farese, Grady
  Kimbrell, Carl Woloszyk.
• Wikipedia The Free Encyclopedia
  http//en.wikipedia.org/wiki
• Political Economy -www.hbs.edu/research/pdf/07-037
  .pdf