Within a capitalist system, a person's standard of living is supposed to depend upon how able they are and how hard they work. Individuals have the right to make as much money as possible and to keep the money they earn. People are taxed on their earnings but in the USA the level of taxation is low. But not everyone thrives in this system. Some live in poverty and the low levels of taxation mean that there is little healthcare and benefits provision for them - much less than in Britain.

This clip is from:
Bitesize: Modern Studies
First broadcast:
26 October 2007

This clip could be used to (re)introduce students to what is meant by the term 'Capitalism.' Following the clip, students could undertake research for an extended piece of writing which examining Capitalism versus Communism on an issue such as health care.