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What is capitalism?

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Capitalism is an economic theory where production is privately owned and controlled by the laws of supply and demand. read more

Capitalism is an economic system based upon private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. read more

Capitalism definition 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. read more

Capitalism definition, an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth. read more

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What is Capitalism? - Definition & Examples - Video ...
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