Which factor makes capitalism such a successful economic system?

Social Studies

1 answer:

lilavasa [31]2 years ago

6 0

Individual citizens have the freedom to take risks and improve their lives.

Explanation:

<u>Most essential reason for the success of capitalism as an economic system is the freedom an individual has to take risks</u> to further their own station in life. The risk taker may or may not become successful but this freedom allows for great social mobility.

<u>Improvement of lives through fiscal development is allowed for in capitalism the best</u> as it ascertains rights in the market to people who can use them correctly to gain advantages for themselves.

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