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Bookmark or Share- Capitalism - WikipediaCapitalism 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 ...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.
- Capitalism Definition & Meaning - Merriam-WebsterThe meaning of CAPITALISM is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
- What Is Capitalism: Varieties, History, Pros & Cons, SocialismCapitalism is an economic system characterized by private ownership of the means of production, with labor solely paid wages. Capitalism depends on the enforcement of private property rights,...
- What is capitalism? | BritannicaThe 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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