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thoughts, I need to organize them
Capitalism is a free market where consumers decide which
produced and which services are provided and they do this by
what the spend their money on.
When there is a need for a product or a service someone or some
company is there to provide that product or service.
There is plenty of money available in the private sector for
investment in new ideas. One small example of this is the TV
show “Shark Tank”
The TV show “Shark Tank” is an excellent example of capitalism,
it demonstrates:
• Rich people looking for new products or services to invest in them
make the richer.
• The financial risk entrepreneurs take and the hard work
entrepreneurs have to do to try to be successful.
• Everyone in the United States of America has an equal opportunity
for success regardless of race, ethnic heritage, religion or political
affiliation.
• Some entrepreneurs are successful, some have to go back and work
harder and some don’t make it.
Individuals and companies are always looking for new products
and services that consumers will buy,
Individuals and companies are always looking for new products
and services that consumers will buy,
An Idea
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and
Rewards
Capitalism
Beat your
Competitor
Investment
Hard Work
and Risk
Now that you have spent weeks or months getting to
the point of actually starting your company, the hard
work really starts. You have to:
• Hire employees
• Train and manage those employees
•Invest
Make
payroll
for you
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and ready to get startedand any other money you can
•find.
Work with suppliers
Do market research for the product or service to see if
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• Keep your accounting up to date
Success
• Keep your website up to date
• Make sure you are following all the State and
Federal Regulations
• Update your task list
• Review tomorrow’s schedule
• Other things as needed to keep from losing
everything
Companies are always looking for new products and services that
consumers will buy.
Companies are always introducing products and services that
consumers will buy.
What is Capitalism?
When an individual produces a new product or service that
consumers like they can be very successful and wealthy.
When a company produces a new or improved product or service
that consumers like the company makes more profits, the
employees that made this possible are rewarded and the
shareholders get bigger dividends.
In both the individual and company’s success, jobs are created.
What is Capitalism?
Capitalism is fueled by the desire for money and/or recognition.
Capitalism growth is accomplished by competition.
Competition is the key to the growth of a capitalist market.
What do we Compete For?
• Jobs
• Promotions
• To get a new model IPod or IPad the first day they are available.
• Sports
• Businesses compete for the best employees.
• Businesses compete to have the best products and services.
• Businesses compete for market share.
• Many other things, think about what you compete for.