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In some ways, it can help individuals. You know there is no government to help nor hinder you, so you understand well that you will either sink or swim. You know that if you want anything in life, you will have to work hard and make it happen. You would be able to call nearly all the shots with your own money. If you become one of the strong ones, you can make it.
However, there are downsides. Not everyone can compete in a capitalist world. Because of handicaps and discrimination, not everyone would have the same chances of getting ahead. So a system designed to make everyone strong as individuals may actually make some weaker. As a result, those who cannot compete in a capitalist world may turn to crime or otherwise take from others.
Wiki User
∙ 11y ago
Wiki User
∙ 14y agoIt is hard to tell Because there has to date been no capitalist society. Capitalism takes the credit for a reasonably free market economy which in the long run is having the effect of distributing wealth among producers and consumers, however there is no such thing as a free market.
Wiki User
∙ 11y agoCapitalism is the economic system that operates in most countries in the world today. How and what people produce and how the wealth created in this process and how it is ditrubited affects every imaginable aspect of society. Politics, religion, culture, everything you can think of.
Wiki User
∙ 10y agoTo rephrase the question: Should the nation's wealth be redistributed?
Answer: It has been and continues to be redistributed to a few people in a manner strikingly unhelpful. - Kurt Vonnegut
Wiki User
∙ 13y agoEducation is to the point where people cannot spell properly.
Wiki User
∙ 13y agobecuzz the ownership of the production, distribution, and exchange of money is made by businesses.
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How did the industrial revolution and capitalism affect the lives and jobs of common laborers?
?
The economic system in which freedom of choice is emphasized?
nop it is not comman it is capitalism i got it from my Government book and teacher
How does the European union affect people's lives?
It gives people better lives by giving them jobs and an eduacation.
Are there any famous people in capitalism?
are there any famous people in capitalism?
How did welfare capitalism affect unions?
It was illegal to do so
How did the industrial revolution and capitalism affect the lives and jobs of common laborers?
?
How has americium affected the lives of people?
Americium doesn't affect the lives of people.
The economic system in which freedom of choice is emphasized?
nop it is not comman it is capitalism i got it from my Government book and teacher
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It can make our lives easier
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how did the resources of the pacific northwest affect the lives of people who lived ther
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it affect peoples lives by killing people and destroying their houses and valuables. you can prepare for it by moving before it happens
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how does water scarcity affect the lives of people in the cold and hot deserts
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it hads affect our lives in a great way.
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It gives people better lives by giving them jobs and an eduacation.
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www.google.com how does iPhone affect people?
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Swam may affect people's lives by causing discomfort, itchiness, and irritation to the skin. In some cases, swam infestations can lead to allergic reactions and secondary infections, requiring medical attention. It is important to treat swam promptly to alleviate symptoms and prevent further complications.
