| − | '''Capitalism''', also called '''free market economy''' is an economic system based upon private enterprise and where investments, production, distribution, income, and prices are determined through the operation of a a market where all decisions regarding transfer of money, goods (including capital goods), and services are voluntary rather than regulated and mandated by government. | + | '''Capitalism''', also called '''free market economy''' is an economic system based upon private enterprise and where investments, production, distribution, income, and prices are determined through the operation of a market. Decisions regarding transfer of money, goods (including capital goods), and services are generally voluntary rather than regulated and mandated by government. |
| | Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly popular. | | Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly popular. |