The U.S. and World Capitalism

U.S. and world capitalism are economic systems where private individuals and businesses own property and operate for profit. In this system, supply and demand determine prices, production, and investment. The U.S. has a largely free-market approach, promoting competition and innovation, with government regulation to ensure fairness. Globally, capitalism varies, but most economies encourage private enterprise alongside government oversight. It aims to foster economic growth, technological progress, and consumer choice, although it can also lead to wealth disparities and market fluctuations. Overall, capitalism shapes how nations produce, distribute, and consume goods and services worldwide.