Why Is Capitalism Good For The Poor

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Is Capitalism Good For the Poor?

Capitalism is good for the poor because they have the belief that you work for what you earn. Companies and businesses are run privately and co-owned where they can thrive alone to make money. Capitalism creates jobs, creates self-worth, and there is room for growth in technology and the economy. I feel Capitalism is good for the poor because it creates jobs. In the 16th century farmers invested in new technologies to improve the production of crops because the food prices were so high due to the population growing quickly. The improvements in turn brought down food prices and made more jobs for the people to work. They then turned to looking into new innovative ways to improve the production of food. The

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