This week we are covering textbook topics found in Chapter 4, “The Nature of Capitalism,” (beginning on page 117) and Chapter 5, “Corporations,” (beginning on page 156). These chapters identify four key features of capitalism:
- the existence of companies
- the goal of making a profit
- a competitive market
- the ownership of private property
Respond to the following:
- How do these four features of capitalism relate to you as an individual? Explain your thoughts.
- Be sure to respond to at least one of your classmates’ posts.