Capitalism is an economic system in which private people, not the government, own and run companies. These companies compete with other companies for business. They decide what products they want to produce, how much they should cost and where to sell them.
Contents : 11 pages
-Features of capitalism
-Demand and supply
-How the government regulates the economy
-History of capitalism
The sample contains a complete non-printable preview of the whole module (text- and worksheets)