About Capitalism History
Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor,...
Capitalism is an economic system based on 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.In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.
Previous Versions
Here you can find the changelog of Capitalism History since it was posted on our website on 2016-12-26 16:24:55.
The latest version is 3.1 and it was updated on 2024-04-22 16:36:42. See below the changes in each version.
Capitalism History version 3.1
Updated At: 2021-05-26
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