Capitalism

Capitalism is an economic system in which private people, not the government, own and run companies. These companies compete with other companies for business. They decide what products they want to produce, how much they should cost and where to sell them.

Contents : 11 pages

• Introduction
• Features of capitalism
• Demand and supply
• How the government regulates the economy
• Business cycle
• History of capitalism
• Exercises
• Key

Downloadable Sample of the Full Module (Not Printable) :

• Capitalism  - Text   (PDF  606 KB)
  
• Capitalism  - Exercises   (PDF  149 KB)