Capitalism(The Demand Curve)     1     Capitalism

• Capitalism is an economic system that lets private people run and own companies, not the governnment
• They set their own standards by determining how much they want to produce, how much the cost, and where the product can be sold

Capitalism(The Demand Curve)     3     Capitalism

• Capitalism is all about competition
• Firms that can not compete are driven out of businesses

Capitalism(The Demand Curve)     3     Capitalism

• Governments do not regularly regulate economy
• But a Government nakes sure that competition is average for pricing products

Capitalism(The Demand Curve)     3     Capitalism

• In a monopoly, one company produces goods and and services everybody needds
• Monopolies set the prices for these goods and services

Capitalism(The Demand Curve)     4     Capitalism

• There are four phases to a market economy
• Expansion, Economic boom,recession, depression