ADVANTAGES OF CAPITALISM 

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  1. It promotes private ownership of means of production and distribution.
  2. It promotes competition at its esteem.
  3. It encourages individual talents and initiatives.
  4. It promotes rapid economic growth and development in a country.
Others are Viewing:
  1. DEFINITION OF CAPITALISM
  2. DISADVANTAGES OF CAPITALISM
  3. FEATURES/ADVANTAGES OF SOCIALISM
  4. ADVANTAGES OF COMMUNISM
  5. ADVANTAGES OF FEUDALISM
  6. ADVANTAGES OF UNITARY GOVERNMENT
  7. ADVANTAGES OF UNICAMERALISM

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