In
capitalism society there’s a good amount of disadvantages and advantages.
Capitalism means “An economic system in which the means of production and
distribution are privately or corporately owned and development is
proportionate to the accumulation and reinvestment of profits gained in a free
market.”( Read more: http://www.answers.com/topic/capitalism#ixzz1khkRm6jZ)
some advantage’s of living in a capitalism society would be you get to own your
own property and business. Which can be really good if you are a good business
owner. Also this is good because by owning your own business you don’t have to
owe the government any money. There will never be someone taking money out of
what you made. In a socialist society the government owns all the businesses
and they take money out of what you made. a capitalism society sounds pretty
nice because you can own a business and keep all the money you earned and don’t
have to give any of it away. You can also be able to say what you want and do
what ever you want. You don’t have to have anyone telling you how to run the
business or anyone annoying you about the bill you have to pay.
The disadvantages of being in a
capitalism society would be when you own your own business you have to be
careful because you can be the one that doesn’t make money and so you have no
money to buy more things so eventually the business will start running out of
things. Whenever you try to start your own business there is a great chance
that you will not do so good and then you’ll have to shut down your business. What
helps in our society is the government owning the businesses. Owning a business
in a capitalist society you are probably going to always compete with someone
else. In every town there’s always a business that’s better than others and
clearly those will be the businesses that stay open and don’t shut down. So being
in a capitalist society would be hard and stressful just by trying to keep your
business open. I personally would not want to live in a capitalist society.
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