prosperity, invention, opportunity & optimism again!
Post on 19-Jan-2016
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Prosperity, Invention, Opportunity & Optimism
Again!
Resources from the earth that are used to make manufactured goods.
Production Communications Transportation
IMMIGRANTS
CAPITALISTS
MANUFACTURES PRODUCE WHAT THEY THINK CONSUMERS
WILL WANT TO BUY
PRIVATE PROPERTY – NOT OWNED BY THE GOVERNMENT
MONEY LEFT OVER THAT CAN BE SPENT IN ANY WAY THE MANUFACTURER OR
CONSUMER WANTS
Where do they get money from? What expenses do they have?
Where do they get money from? What expenses do they have?
WHAT ARE MANUFACTURERS COMPETING FOR?
WHAT ARE CONSUMERS COMPETING FOR?
THE GOVERNMENT DOES NOT
INTERFERE IN CAPITALISM IN ANY
WAY!
THESE GUYS WON BIG PLAYING LAISSEZ-FAIRE CAPITALISM
Andrew Carnegie
J.P. Morgan John D. Rockefeller
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