CAPITALISM by Clare D https://padlet.com/clareswhere/4bcxu80iql A STUDY GUIDE... en-us 2013-05-13 18:29:08 UTC 2026-02-20 22:55:13 UTC hello@padlet.com Capitalism is an economic system https://padlet.com/clareswhere/4bcxu80iql/wish/9893545 e.g. the Western world

]]> 2013-05-14 10:53:25 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893545 Definition https://padlet.com/clareswhere/4bcxu80iql/wish/9893579 We invest and own means of production and distribution.  Exchange of wealth is maintained by private individuals and corporations.

]]> 2013-05-14 10:54:35 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893579 CAPITALISM ORGANISES SOCIETY AROUND MONEY https://padlet.com/clareswhere/4bcxu80iql/wish/9893656 We have owners, workers and consumers.

]]> 2013-05-14 10:56:44 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893656 Greed is Good https://padlet.com/clareswhere/4bcxu80iql/wish/9893775 2013-05-14 11:01:26 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893775 https://padlet.com/clareswhere/4bcxu80iql/wish/9893795 2013-05-14 11:02:42 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893795 If the demand for the product an owner makes falls then the product loses its value so has be charged at lower rate https://padlet.com/clareswhere/4bcxu80iql/wish/9893830 2013-05-14 11:04:17 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893830 Capitalism Crash Course https://padlet.com/clareswhere/4bcxu80iql/wish/9893915 2013-05-14 11:08:15 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893915 https://padlet.com/clareswhere/4bcxu80iql/wish/9893934 2013-05-14 11:09:09 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9893934 Market Liberalism https://padlet.com/clareswhere/4bcxu80iql/wish/9894028 An ideological position supporting capitalist and free market. Emphasises private enterprise.

Government interference is strictly limited in order to maximise free trade.

]]> 2013-05-14 11:13:05 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9894028 Private Ownership https://padlet.com/clareswhere/4bcxu80iql/wish/9894068 Goods & resources concentrated in the hands of private companies

rather than publicly (government) owned e.g. BUPA as opposed to

the NHS or Virgin Trains as opposed to British Rail.

]]> 2013-05-14 11:14:32 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9894068 The Profit Motive https://padlet.com/clareswhere/4bcxu80iql/wish/9894116 In capitalism, the motive for producing goods and services is to sell them for a profit, not to satisfy people's needs.

]]> 2013-05-14 11:15:39 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9894116 Shreddies Ted Talk https://padlet.com/clareswhere/4bcxu80iql/wish/9894231 Diamond Re-branding

]]> 2013-05-14 11:19:08 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9894231 The Free Market https://padlet.com/clareswhere/4bcxu80iql/wish/9894313 We are all able to compete.

Eg. We can start our own own buisness

]]> 2013-05-14 11:22:26 UTC https://padlet.com/clareswhere/4bcxu80iql/wish/9894313