Yay, Capitalism!

Capitalism is defined as an economic system in which the means of production and distribution are privately owned and operated for a private profit. Like anything else, it has its strengths and flaws. 


Pros:

• Lots of freedom
• Choose to run your own business or get a job 
• Consumers get highest variety of products and services
• Room for innovation without the government interfering
• The market bends to the will of the customers
• Right to own property and develop it as you choose
• Right to earn as much money as you want 
• Highest standards of living 

Cons:

• Not everyone can live comfortably
• Imbalance of equality among classes
• Some believe it leads to unfair competition
• Society becomes very materialistic

All in all , Capitalism is awesome.