Question
i need help with writing a paper the question for the essay is Is capitalism humane? so far i got this Yes, capitalism is humane.
i need help with writing a paper the question for the essay is Is capitalism humane? so far i got this
Yes, capitalism is humane. This is because it is a preferred economic system that is used to bring masses of poverty and make them productive citizens a particular country or around the world, it is fair because it makes people gain the rewards of their hard work. In addition, capitalism has helped reduce infant and child mortality rates, capitalism is also a major driver of innovation, wealth, and prosperity of modern society. Capitalismis an economic system where private actors control trade and industry for profit without government intervention.
Capitalism is humane as compared to socialism because demand and supply freely set prices in marketswithout government intervention. Capitalismresult in a free market economy and thisgives free rein to the humane values of human beings. Capitalism is an opportunity for people to grow wealth and improve their standards of living. Worldwide, Capitalism has played a very crucial role in reducing poverty rate if it not abused.
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