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How Capitalism Became A Force That Rules Our Lives - NPR
June 24, 202112:01 AM ET. By. Rund Abdelfatah. , Ramtin Arablouei. , Jamie York. , Julie Caine. , Laine Kaplan-Levenson. , Lawrence Wu. , Darius Rafieyan. , Victor Yvellez. 56-Minute Listen....
capitalism summary | Britannica
capitalism, or free-market economy or free-enterprise system, Economic system in which most of the means of production are privately owned, and production is guided and income distributed largely through the operation of markets. Capitalism has been dominant in the Western world since the end of mercantilism.
Capitalism - Wikipedia
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, property rights recognition, voluntary exchange, and wage labor.
Capitalism | Definition, Characteristics, History, & Criticism ...
capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets. Although the continuous development of capitalism as a system.
What is capitalism? | Britannica
The Editors of Encyclopaedia Britannica. Capitalism is a widely adopted economic system in which there is private ownership of the means of production. Modern capitalist systems usually include a market-oriented economy, in which the production and pricing of goods, as well as the income of individuals, are dictated to a greater extent by ...
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