china down under

Today in human Geo was horrible because we used my computer to watch a video and it kept glitching and all theses adds kept going off. but other than that everything else was fine. So we learned that china makes 25 thousand cars a day and 9 million cars a year. It was just a really bad class because i just wanted too throw my laptop at someone or something or just break it in general. Ok anyways back on topic china keeps taking our jobs and some of our american companies are moving to china because Chinese people will work for less but it's stupid because american companies belong in america just because they will work for less money  doesn't mean we don't need money or jobs and work for that matter. And plus everything in china is small and i couldn't live there because of the way they live.

CAPITALISM- Am econmic and political system in which a country's trade and industry are controlled by private owners for profit


COMMUNISM-a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.

FREE ENTERPRISE- an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.

FREE MARKET-an economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.