introduction of capitalism- revise

Capitalism Capitalism is the economic system in which the production are distributed to openly competing profit and where investments, distribution, income, production and goods are predominantly determined through the operation of a free market. This aloud people to earn busincess in supply and demand. Capitalism also invlove the right to make trades in goods and services. Capitalist system also can be determined to distrubited these economic to the free market and have freedom. In the early 16 and 17th centuries capitalist organization existed in the ancient world, and early forms of merchant capitalism flourished during the Middle Age. The concept of capitalism has value, that are given invgreat variety of historical cases over which it is applied in geography, politics and culture. Capitalism has made the West rich and healthier and make countries in a longer lived life time. also the institution of economic freedom aslo brings the United State into a much higer level of making large profits.