Essay question
subject: History of the American Economy
Essay question!
· Capitalism is defined as: 1) Private ownership of resources, 2) no or little government involvement, 3) mobility of resources and products, 4) market system and price mechanism (supply and demand determines the price and the amount produced and sold the product).
It is sometimes said that United States is much less capitalistic than it formerly was. Do you agree or disagree? Defend your stand