Features

• Capitalism is an economic system in which the means of production are controlled by a private owner who delivers various goods or services in exchange for a profit.
  
  

Markets

• The capitalist system encourages open trade between buyers and sellers with little interference from the government.
  
  

Wages

• To produce different goods or services, business owners must hire workers to assist in the duties related to this production. In exchange for their time, these people are paid wages.
  
  

Prices

• As the different goods and services are delivered, consumers will have a choice as they look for the best price and the best quality among the different products available.
  
  

Government

• In the capitalist system, the government regulates industries through different laws and rules intended to protect the general public.