Capitalism

In a capitalist country if I were a small business owner i would be able to flourish because of the freedom I have. A capitalist country is one where all or most of the factors of production and distribution and privately owend. So if I were a small business owner i would have the ability to control the production and distribution of our goods. Also, in a capitalist economy those same business owners control the market rather than the federal government. So those same business owners that control what to produce and how much to produce also control the price those goods are sold for. This can create a problem when a business is struggling but the good they produce is a necesity then they are forced to raise the price and that often causes people to be unable to purchase the good. An example of this is my father, because he is a small business owner. He owns a small construction business with only three employees. He keeps the business so small so that he can control the flow of income and keep track of his supplies. As a small business he prides himself on completeing the job to the best of his ability which gets him the reputation of reliable. Along with being reliable he also ensures the costumer that at no point in time will he create an inflation of prices that cause the customer to be out on a limb. If you are a small business owner and the tax is reduced the advantage is the amount of money you have to pay is reduced. On the opposite end if the taxes get lowered and the government is not in control then you are not recieving any money from the federal government.