How did Capitalism impact people's lives? Write 4 sentences

Capitalism is defined by private property rights, capital accumulation and re-investment, free markets, and competition. While capitalism has certainly helped propel innovation and prosperity in modern society, it can also create inequalities and contribute to market failures. For someone who owns a company and employs other workers, capitalism may make sense: The more profits your company brings in, the more resources you have to share with your workers, which theoretically improves everyone's standard of living.

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yes

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stone age, iron age, olden days, prehistory

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