ELI5: Explain Like I'm 5

Advanced capitalism

Advanced Capitalism is a way of looking at economics and how businesses work. It's based on the idea that bigger and more powerful companies are better than smaller ones because they can make more money and use their resources to help more people. In advanced Capitalism, governments help businesses to grow bigger and stronger so that they can be stronger competitors in the global economy. Companies can use their money to invest in developing new products and services that will help people, and governments provide laws and regulations that protect businesses from being taken advantage of. In short, advanced Capitalism helps companies stay competitive and make sure that people are taken care of and that products and services are working the best they can be.