Do you think capitalism transforming individuals into consumers is good or bad for society as a whole? Why or why not?

1 answer:

4 0

The Capitalism that transforms the individuals into consumers is good for society the as a whole because its generally ensures increase in economic growth.

<h3>What is capitalism?</h3>

Capitalism means an economy system that is individual-initiative based with little or no government intervention.

Some advantage of capitalism includes:

an increased economic growth.
sellers enjoy increased revenue from their sales.
its increases competition which leads to better quality and variety of products in the market.

In conclusion, the capitalism that transforms the individuals into consumers is good for society the as a whole because its generally ensures increase in economic growth.

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