1. Capitalism
This means that capitalism accepts that each and every person is the owner of his own life, and has the right to live his life in any manner he chooses as long as he does not violate the rights of others. ... There are specific economic factors of capitalism that enables it to make life more civilized and beneficial for its population. ... Although this is viewed by many as inhumane, capitalist societies achieve a higher standard of living than other socialist and communist societies. ... Historically, communist societies achieved less disproportio...
- Word Count: 1083
- Approx Pages: 4
- Grade Level: High School