capitolism, some facts/info please

[novia]

i was gonna post this in free your mind but i see it more of a confession that i am unaware.im still trying to educate myself

anyway can someone explain the basics of capitolism to me please.

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"was she askin for it,was she askin nice ,if she was askin for it,did she ask you twice"

 

[The Wanderer]

supply + demand

 

[elizabeth]

use natural resources to...
sell products to...
new markets to...
increase profits to...
acquire more natural resources to...
sell products to...
new markets to...
increase profits to...

 

[Quay]

Credit Ann Landers

Socialism: You have two cows. Give one cow to your neighbor.

Communism: You have two cows. Give both cows to the government, and they may give you some milk.

Fascism: You have two cows. You give all the milk to the government, and the government sells it.

Nazism: You have two cows. The government shoots you and takes both cows.

Anarchism: You have two cows. Keep both of the cows, shoot the government agent and steal another cow.

Capitalism: You have two cows. Sell one cow and buy a bull.

Surrealism: You have two giraffes. The government makes you take harmonica lessons.

 

[TheU2]

Originally posted by elizabeth:
use natural resources to...
sell products to...
new markets to...
increase profits to...
acquire more natural resources to...
sell products to...
new markets to...
increase profits to...

What about services?

CK

 

[zoomerang II]

yeah, its not just restricted to natural respources, and is becoming less so over time (hopefully).

Its kind of where individuals or companies have the right to supply goods or services to others for a profit. The idea is that the incentive of this profit is what drives the market and people to work harder.