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...he only answer to a successful economy because it allows people to control their own life and have the product market they want to have. With a capitalist economy, individuals and businesses have the ability to make maximum profit off of goods or services. Today we see the way that North Korea continues to live and we judge. Countries who are privileged to have capitalism do not understand the struggles that living a socialist life come with. For example North Korea is very far behind the development of weapons compared to the rest of the world. This is because the government has put countless restrictions on outside communication and receiving help from other nations. With minimal government involvement a capitalist economy brings, large businesses are able to thrive, and those that are weak will sink. Capitalism is the most beneficial economic system to live by.
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