it dosent give people enough of what needed so people are usually pretty much affected unless they have money in the bank to keep them selves up on high.
Previous answer was from someone suffering from entitlement issues. Capitalism promotes proactivity by the individual to participate within the economic system. It is similar to taking a test. Those who participate in class, study, and prepare (are proactive), are those who will earn a successful grade.
are there any famous people in capitalism?
by turning the heating on.
"Requirement" is the wrong word, since requirement implies that poverty is needed in order to create a capitalist system. It is more proper to say that poverty is a natural result of capitalism. (This is the difference between cause and effect; poverty is an effect of capitalism, not a cause.) This is because capitalism only guarantees wealth to those people who work strenuously and provide a useful good or service. Since not all people perform both of these elements, those who do not do this will naturally be poor as a result of capitalism.
Capitalism. Individual rights and freedoms Greater representation for the people
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
The middle class grew rapidly <----NovaNet Answer
no, socialism isn't better than capitalism because capitalism has a free market and people get rich easily.
It doesn't. Capitalism has no concern for the poor. There's this place called Africa, check it out.
The middle class grew rapidly. -D. Roe
no! because he developed the idea of capitalism and lightened the mind of all the people about the capitalism
nop it is not comman it is capitalism i got it from my Government book and teacher
Karl marx.. C.