Capitalism
a system of economics based on private possession
of property and business
In capitalism, private groups or individuals
manage a country’s trade and industries.
Under the system of capitalism, just a few
companies control access to cable television.
When the government bails out failing corporations,
it is often criticized for interfering with
capitalism.
In capitalism the market sets the terms of
supply and demand.
Capitalism is akin to a free market system
in which any individual can control his or
her own business.
Under the system of capitalism, goods and
services are created and distributed by private
enterprises.
Socialism differs from capitalism because
in socialism the government controls industry
and production.
Capitalism is one of the reasons prices are
so high on service plans for cable and mobile
phones.
As buyers, we can complain about prices, but
in capitalism the one who controls the goods
and services is the one who sets the cost.
