Capitalism

Capitalism is an economic system in which private individuals and private companies own resources– things like land, labor, and machinery– and typically use these resources to try and make a profit. Under the British health care system, the government owns hospitals, and provides medical care to whoever needs it. This is different from capitalism. If the British health care system were based on the capitalist model, private companies would own the hospitals, and they would provide health care to those who could afford to pay for it.

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