Flynn Welch: capatalism by Idk

Capitalism

8013701 — 2024-04-17 17:05:59 UTC

bio

8013701 — 2024-04-17 17:08:59 UTC

Capitalism is a government form where trade and industry is controlled by private owners for profit. It is a hierarchy where different people have different power and different roles. Capitalism was the cause of the 10 million deaths due to the supply and demand, and the price changes due to capitalism.

Hierarchy

8013701 — 2024-04-17 17:12:08 UTC

“Individuals compete for power and money and unfortunately many people will be in the working class.”

Reasoning

8013701 — 2024-04-17 17:12:33 UTC

Because of the system of capitalism leaders try to get power and because there are more people in the working class many people are treated lesser than others leading to mistreatment, deaths and slavery.

slavery

8013701 — 2024-04-17 17:14:00 UTC

Supply and demand

8013701 — 2024-04-17 17:16:20 UTC

“Supply and demand are what determines the prices of goods in capitalism and create competition for resources.”

The operation

8013701 — 2024-04-17 17:17:14 UTC

Without capitalism supply and demand prices would stay the same based on resources but since there was capitalism pieces went up due to the high demand and low supply causing king Leo to keep the operation going.

pros and cons

8013701 — 2024-04-17 17:18:43 UTC

competing for rubber

8013701 — 2024-04-17 17:21:48 UTC

“Because supply of rubber around the world was so low, Europeans competed for this resource.”

Competition

8013701 — 2024-04-17 17:22:26 UTC

Because of capitalism king Leopold tried to compete for rubber and tried to get more rich, leading to the slavery of all of those people.

Rubber trees

8013701 — 2024-04-17 17:22:59 UTC