Link: https://www.imf.org/external/pubs/ft/fandd/2015/06/basics.htm#:~:text=In%20a%20capitalist%20economy%2C%20capital,in%20the%20June%202010%20F%26D).
Read this information about the basics of capitalism on the link I have above. Write a paragraph in which you summarize what you believe to be the most important points from this explanation. A solid summary that you could use to explain capitalism to a young you.
Write a second paragraph in which you describe the American culture, your own society, as a product of capitalism. How have our ACTIONS, IDEAS and THINGS been shaped by the economic philosophy of capitalism? In this paragraph, can you prove that America is a capitalist society? Can you demonstrate that YOU are a product of this worldview? The link of this reading is below for the second paragraph
Link: https://www.imf.org/external/pubs/ft/fandd/2015/06/basics.htm#:~:text=In%20a%20capitalist%20economy%2C%20capital,in%20the%20June%202010%20F%26D)
You can use both links for both paragraphs if you want.
