Characteristics Of the U.S Capitalist Economy

By: Shwetha Radhakrishnan p.5

This represents Competition. Mcdonalds and Burger King are competing for customers, so they are trying to get the best products and offer many deals for low prices to promote their food items.

This represents economic freedom. The woman was able to choose her type of job or occupation she wanted to have.

This represents private property rights. This family bought this house . They have the freedom to own, dispose, as well as sell it as long as it doesn't interfere with other people's rights.

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