Publisher's Synopsis
Whether you are teaching your kids about the economy, the political system, or the history of our country, you need to cover these important facts. Fortunately, there are many resources available that help kids learn about capitalism. This guide will provide you with an overview of the economic system and the various aspects that contribute to its success. For example, you can teach your child about the capitalist system, and how it works. During the free market, businesses and individuals own most of the property and decide how much it costs. The price of goods moves according to the availability of those goods. Most countries have some regulation and planning done by the government, but in practice, capitalism has the greatest impact on the family and the general welfare. In order to ensure a healthy economy for everyone, the government needs to set policies that promote a healthy family unit. In a capitalist society, businesses make the best products and sell them for the highest prices possible. Competition among companies limits the price and makes the product as cheaply as possible. This benefits the wealthy and powerful, but it does not benefit the poor. This is because it requires a strong family unit to support a healthy economy. Despite this, it still works, allowing many people to benefit from the system.
