Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!
Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!
Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!
Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!
Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!
Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!
Principles of Capitalism
Freedom of Choice
Profit
Competition
Private Property
Closing
The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of theirsociety and to be able to be free.
Profit isa financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businessesto make more money because of the revenue.
Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Martand Target to buy theirneeds. The both sell similar items and are constantly benefitingoff of each other.
Private Property isproperty that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone'shouse or company building that isn't owned by thegovernment. This allows people to work in a market economy and not controlled by thegovernment.
Can I please get pancakes for breakfast?
Absolutely Sir!
Would you like to buy this Car for $15,000
I'll take it off your hands for 12,000
Should I go to Target or Wal-Mart to buy my groceries
This is my Private Property, clean up your dog's mess!
Sorry Sir
Good morning honey. Do you want any thing for breakfast?
No thank you. Have a good day at work!