Post
Topic
Board Economics
Re: Can any economy survive without capitalism?
by
Sticky Bomb
on 26/08/2025, 17:51:25 UTC
Any country running capitalism would be more susceptible to growth through innovation. People would be encouraged to create wealth for themselves and in return becomes of great revenue to the country, there would be healthy competition too and an increase in high quality goods at moderate prices owing to a competitive market. A free market provides users with the liberty of choice of patronage, with the providers of these goods and services focused squarely on customer satisfaction which would drive them to create goods that would attend directly to their clients needs.