what is capitalism??

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harlz_chalamet
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#1
Report Thread starter 5 months ago
#1
hi! I'm in yr11 doing an inspector calls for English lit.

I really don't get the whole money system, so could you please dumb down the definition of capitalism to me??

Mr Birling represents capitalism

thankyou!
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Spoon1313
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#2
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#2
Capitalism basically means that businesses are run and operated by private individuals (bosses, CEOs) rather than by the people or the government.
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LoverOfBooks
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#3
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#3
It's basically a system where there is private ownership over production rather than state ownership. It also has the main aim of creating profit within businesses, and therefore creating wealth.
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AmIReallyHere
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#4
Report 5 months ago
#4
A lot like the UK you live in a capitalist country
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