1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dsp73
2 years ago
9

Explain the benefits of capitalism. Support your discussion with reasons and evidence.

History
1 answer:
Lubov Fominskaja [6]2 years ago
7 0
Capitalism is a great economic system for several reasons.

1) Individuals have a significant amount of freedom.- Citizens have the ability to buy whatever products they want, as long as they have the money to pay for it. This allows citizens freedom, as their is no government limiting what they buy on a day to day basis.

2) Businesses compete, which drives down prices- In a capitalist society, there is very little government interference with the economy. This allows businesses to compete against each other. This competition drives down prices because if a business charges an extremely high amount for a good and another business in the same industry charges much less, people will go to the business that charges the least amount.
You might be interested in
What made Southern Brewers lower its prices?
aleksklad [387]

For some time, Southern Brewers was the only coffee supplier in the market, therefore they had a monopoly over prices, is to say the company was controlling coffee prices. When new companies appeared on the market, the Southern Brews had to lower its prices in order to keep the competition and be in the business.

So, the answer is: competition made Southern Brewers lower its prices.





5 0
3 years ago
What are some ways people tried to bring Michael Jackson down?​
tino4ka555 [31]

Answer:

By using racial words and accusing him of sexual abuse.

7 0
2 years ago
Read 2 more answers
Someone please help!!!! Due now!!
Eduardwww [97]

Answer:

C

Explanation:

hope this helped!, xo mark me brainliest!

6 0
3 years ago
Read 2 more answers
In which year did the population of New York City first pass 1 million
Vilka [71]

Answer:

In 1860 the NYC population was almost 1,068,000

7 0
3 years ago
. (MC) Which tactic was used by both the United Farm Workers and the Southern Christian Leadership Conference to achieve change?
Allushta [10]
The correct answer would be boycotts.

During 1965, the United Farm Workers organized the Delano gripe strike. This strike also included a boycott of this product, meaning these individuals would refuse to buy grapes.The goal of this was to cut into the profits of the individuals who they were striking against.

The Southern Christian Leadership helped to organize the Montgomery Bus Boycott during the 1950's. This was sparked by the anger from citizens who heard about the Rosa Parks story. This strike lasted over a year and cut into the profits of bus operators all across the city of Montgomery.
6 0
3 years ago
Read 2 more answers
Other questions:
  • San Francisco was a focus for Asian American reformers in the 1969 because of what
    10·2 answers
  • On the issue of creating a national bank, Secretary of State Thomas Jefferson and Secretary of Treasury Alexander Hamilton diffe
    15·1 answer
  • 1.)Which of the following called for African Americans to “pull themselves up from their own bootstraps”?. .
    7·2 answers
  • What of the following characterized Ghana after 1992
    5·2 answers
  • Describe how the industrial revolution affected the role of women in the 19th century
    6·2 answers
  • What happened to Japanese-Americans during World War II?
    10·1 answer
  • Which of the following was not an accomplishment of the emperor Trajan?
    12·1 answer
  • Describe the relationship between demand for a product and demand for its complements 
    6·1 answer
  • The Inca adapted to their land by making terraces for farming. How would this technique make farming easier and increase product
    8·1 answer
  • After the tsar lost power, the provisional government that replaced him was supposed to help Russia become more democratic. Beco
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!