I think your essay did a great job explaining the concept of capitalism and thoroughly summarizing your viewpoints. I would have to disagree with your point when you said “> Quote the entrepreneur bases their business and ideas around the future rather than the now.” since entrepreneurs can be forward thinkers but also adhere to the needs and wants of a society during the modern time. I believe it works in both ways and cannot be set and stone to one depiction.
I really liked your point when you said “> QuoteNo day goes by where opportunity cost isn't in the works; it lives within our everyday lives.” because this is something many people have a difficulty grasping. Every second we exist is a second that could be put towards productivity in some domain. That means, if we choose to play video games with an hour of our time, we are actively deciding that hopping online is a better use of our time in that moment than let’s say going to the gym. Because of that decision, you will reap the benefits and downfalls of that choice. You may get better at playing video games, but you also may get less fit. The same opportunity cost applies to the entrepreneur, as they are conscientiously deciding how much time and effort they are willing to put into a product or service. We are constantly analyzing opportunity cost in our every-day lives whether we know it or not. Lastly, you did a great job at keeping the essay short and concise to relay your message. I liked how to the point you were and it is clear you have a good understanding of the basic economic structure that governs the United States. This was especially prevalent when you mentioned that no price is ever set and stone in the market. The market pricing structure is always fluctuating as a variety of variables weigh on the perceived value to the consumer. This is why companies must always continue to grow because eventually the market will get ahead of them and they will fall off. Entrepreneurship is an occupation where one must constantly evolve in order to stay in business. The economy is always changing and so should you.