Capitalism

Capitalism is a system of economics in which money and business are controlled by capitalists. First let's talk about production, production is the act of creating output (numbers of goods or services produced in a given time period), the input used in production plus the result of output production is called production function. In the most of capitalism you need to rely on machines and technology because your work will be easier and faster. If you don't use machines you will produce lesser outputs. If you use machines with everything your work will be easier for the workers in a business. Capitalism is all about businesses and how it runs. Capitalism helps you get more money if you use the system properly but if you don't use it properly sometimes the business fails and all the workers will not have any more jobs and the economy will drop a little bit.

People traded a lot in capitalism because people would get what they would want. In when capitalism was made most of the people in the world were not farmers and about twenty five percent of the people were farmers but now even less people are farmers. Capitalism created work and then you can get money by working and then you could just keep on working and then you could have enough money to buy food and drinks so you can survive and you could also buy a place to live in. Before capitalism was invented it was really hard to get money because there were no jobs and you had to trade to get more stuff and some people would not like to trade with you and some people would that is the problem that they sometimes say no that is why money is better because you will buy stuff and then the person will get more money and then they buy more stuff and that keeps on going and going and going.

Trading was hard because you might have to go to another country to get the thing you really want and when you are trying to travel there, you might die of something or you might get a sickness from the guy you traded with. That is what happened in the silk road trade almost everybody got some sickness from trading, the sickness that almost everyone got was the black death and that is a very horrible sickness, but now they created money and that is a lot better than trading because everybody will get what they want and you won't get sicknesses easily. If the person is from another country they can just order it but you cannot do that with trading you have to go all the way to the country the person lives in and then trade with him that is why I am happy they created money.

Capitalism made money useful because it created jobs and it also created stores because almost everyone got money and instead of making food by yourself they will just bought food because it is much easier to do, but you will waste some money .You will still live and the person you bought it from has some more money then they buy something from another person and this keeps on going on and on. If you waste too many money you might die so you should not waste that many money, in the old days food was hard to get because you had to farm them or trade with someone. If you farm plants it is pretty hard because they might get rotten, the plant might die or an animal might eat it or eat some of it, farming plants is also hard because they might not grow if you plant the seed.

Capitalism made everything a lot easier than before because it made money and it was easier to get money than farming animals or plants because well the animals and plants might die, before capitalism houses were really hard to get one of the only ways to get a house was to make your own or by trading something both of those are hard because if you want to get a house by trading you must give the person a lot of stuff, making a house is hard because you have to get a lot of stuff to make a house but then they created money then you just had to work somewhere and save up money too buy it that is why capitalism is good because it made everything a lot easier than normal because you just need too work enough to get something. Any way this is the end of my blog.