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Capitalism
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Published on Dec 07, 2015
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1.
CAPITALISM
RAZ RAIKAA
2.
WHAT IS CAPITALISM
It is a social system based on individual rights
It results in a free market
3.
PROS OF CAPITALISM
Political freedom
Is efficient in producing products with demand
Economic growth
Helps improve living standard
4.
CONS OF CAPITALISM
It allows for a monopoly to be set up
Workers get lower wages
Social benefits get ignored
Inequality of wealth
Social devision
Raz Raikaa
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