Week 3 - In capitalism, who determines the price

Week 3 Capitalism

 Please watch the following video and answer the questions about capitalism  https://youtu.be/azVxrMIxbJU

1. In capitalism, who determines the price of a product (e.g., like a phone)

2. In capitalism, if you have a skill that no one else can do, how are you paid?

3. What is at the heart of capitalism?  

4. Why is incentive important in capitalism?

5. Name one strength of capitalism in your point of view

6. Name one weakness of capitalism in your point of view