Private Property:
In this economy private property is allowed. All means of production like machines, implements, mines and factories etc. come under private property.
(ii) Price Mechanism:
Capitalist economy is gained by price mechanism. Here prices are determined by the interaction of demand and supply without the interference of any kind by the government or any other external forces.
(iii) Freedom of Enterprise:
In this system every individual is independent to his means of production in any occupation that one likes.
(iv) Sovereignty of that consumer:
Under this system, consumer plays the most vital role. The entire production pattern is based on the desires, wishes and the demand of the consumer.
(v) Profit Motive:
The maximisation of profit is the main motive of the producer. Profit guides the production in this type of economy.
(vi) No Government Interference:
Under capitalistic system, government does not interfere in day-to-day economic activities. This means producers and consumers are free to take decisions.
(vii) Democratic:
The capitalistic system is more democratic in comparison to other economic systems as there are more changes to chancel according to new environments of the economy.
(viii) Self-Interest:
The inspiring force in this system is self-interest. It leads to hard work and to earn maximum income by satisfying their consumers.
The Vietnam war was one of the first wars that the American public didn't support. Vietnam soldiers and veterans were demonized in their own country. This had a negative affect on our soldiers in Vietnam. Moral dropped, not that it was that high in the first place.
Vietnam was an awful experience for the soldiers in it. If a soldier entered a village, he could be attacked by anyone, even by a small child. And, in the jungles, there were mines and other types of lethal traps everywhere. Soldiers learned to walk in the footsteps of the guy in front of them so they didn't risk setting of a hidden explosive.
All of this contributed to an insane amount of PTSD.
Both nations have stable governments, and both nations are experiencing periods of peace.
