COVID-19 Update

CATHOLIC SCHOOLS OPEN WEEK
Catholic Education South Australia
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Capitalism is defined as an economic system in which a country’s trade, industry, and profits are controlled by private companies, instead of by the people whose time and labor powers those companies. 

The kind of impact that capitalism has on your life depends on whether you’re a worker or a boss. For someone who owns a company and employs other workers, capitalism may make sense: The more profits your company brings in, the more resources you have to share with your workers, which theoretically improves everyone’s standard of living. It’s all based on the principle of supply and demand, and in capitalism, consumption is king. 

Show clips – possibly whole film depending on student feedback. All films based on true story of GFC and how this impacted the world. 

Inquiry Question

How does capitalism affect people?