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In Defense of Capitalism
Essay specific features


Written by:
Wanda M
Date added:
May 22, 2016
Level:
University
Grade:
B
No of pages / words:
8 / 2127
Was viewed:
755 times
Rating of current essay:
Essay content:
The continuous cycle of supply and demand ensures efficient allocation of an economy's GDP and other potential resources. Productive resources are used to their greatest potential by citizens who are allowed to pursue their interests, and new technological advancements are made by a population who are encouraged to choose their own career...
displayed 300 characters
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Economic decisions of what, how and for whom to produce are determined by what will bring a profit, produced by using the lowest cost option and sold to those who are willing and able to pay a favorable price. Because citizens of a free market economy have the maximum freedom of individual choice, and consumers will find the widest variety of goods and services available to them, the overall liberty of the citizens is affected positively...
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