Difference between revisions of "Capitalism"
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Capitalism is the economic system which became dominant in the Western world after the end of [[feudalism]]. In this system, most of the means of production are privately owned and income is distributed largely through the operation of markets. | Capitalism is the economic system which became dominant in the Western world after the end of [[feudalism]]. In this system, most of the means of production are privately owned and income is distributed largely through the operation of markets. | ||
Revision as of 20:15, March 9, 2007
Template:Stub Capitalism is the economic system which became dominant in the Western world after the end of feudalism. In this system, most of the means of production are privately owned and income is distributed largely through the operation of markets.