Prosperity, Invention, Opportunity & Optimism Again!

Post on 19-Jan-2016

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Transcript of Prosperity, Invention, Opportunity & Optimism Again!

Prosperity, Invention, Opportunity & Optimism

Again!

Resources from the earth that are used to make manufactured goods.

Production Communications Transportation

IMMIGRANTS

CAPITALISTS

MANUFACTURES PRODUCE WHAT THEY THINK CONSUMERS

WILL WANT TO BUY

PRIVATE PROPERTY – NOT OWNED BY THE GOVERNMENT

MONEY LEFT OVER THAT CAN BE SPENT IN ANY WAY THE MANUFACTURER OR

CONSUMER WANTS

Where do they get money from? What expenses do they have?

Where do they get money from? What expenses do they have?

WHAT ARE MANUFACTURERS COMPETING FOR?

WHAT ARE CONSUMERS COMPETING FOR?

THE GOVERNMENT DOES NOT

INTERFERE IN CAPITALISM IN ANY

WAY!

THESE GUYS WON BIG PLAYING LAISSEZ-FAIRE CAPITALISM

Andrew Carnegie

J.P. Morgan John D. Rockefeller