capitalism

Capitalism is an economic system in which goods and services are produced, distrubed and consumed through the mechanism of free market. Based deeply on the right to private property and the profit motive. There is several aspects of capitalism such as Land, Labor, and Capital. Land is an resources and help you set up the sell. Labor is all the worl that is neccesary to produce and sell(idea-shopping) and capital is the stuff to reshaped. These are all the system you need to make a market price. You also need the total amount of resources or products that will be bought up at all prices to make a huge busincess. In order to make big living you need a lot of good items and lower prices and may have to start a competitve advantage to bring costumer to buy yours goods. for example, if two owner are planing to sell schoolbag and people is trying to buy the cheap ones. In order to have a cost advantage, you need to have a price fixing, commodity, perfect exchangable. these are the sign if the quality or the price will affect your equilbrim. if your demand is increasing which means your price and qualility is increasing too. If your demand is decreasing your price and quality will decrease as well. If your supply goes up, your price will go down and your qualilty will go up and for supply thats goes down, your price will increase and your quality will decrease. if you are willing to make big profit you must maintain a good income and production.