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  • Adam Smith
  • "Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer."
  • Free Market
  • Capitalism
  • Steffano's Restaurant 
  • Welcome! I am the owner of the restaurant. Came in and enjoy our food
  • During the Industrial Revolution Adam Smith 's ideas was taken further for capitalism a system which money is invested in business ventures with the goal of making profit.
  • Rise in Production
  • hurry!  we need to get the merchandise to the stores.
  • people could go to any business  where companies compete to provide a better, cheaper product, and services an the market makes the decision 
  • Consumerism
  • Yes honey! I am going to be upstairs and look at other things
  • Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Provides a certain level of freedom. government doesn't intervene when it comes to the pricing of goods its productions for private firms. 
  • Making Profit 
  • to meet the  massive needs for products demanded by the American people, production of goods increased. Any factory from cars, clothing, cars began massive productions to meet the demand.
  • People spending their money in goods and services or consumption of productions. for America this was, and still is the driving force behind our capital economy, as the consumer power the market and the business
  • Look honey! there are a lot of shirts to choose from
  • factory owner were concern of making profit and hired women and children to do the job for a cheaper wages. factories growth impressively to meet the demand of the people in goods and services. factories owners meet the needs to supply to the stores the products. 
  • hurry! people you are so lucky to have this job. I will pay you so well 13 cents the hour, and remember you all replaceable. 
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