The greatest impact of the effect of capitalism in the American society is that it has helped in the creation of wealth, prosperity and innovation in the nation.
What is capitalism?
This is the system that is referred to as the free market enterprise. It is the situation of the economy of the United States that has the people of the nation in charge of all of the factors of production and all that has to do with demand and supply in the particular market.
The way that this has been able to help in the creation of wealth is that it has helped to ensure that the people have the freedom to come up with new ideas in the nation that has led to a great increase in the growth of technology and in other spheres of the economy. The people have the freedom to own their ideas in the market.
Read more on capitalism here:
https://brainly.com/question/25879591
#SPJ1
