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Author Topic: Capitalism  (Read 1003 times)

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Offline The One and Only Mo

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Capitalism
« on: September 17, 2009, 11:01:54 AM »
What is the exact definition?
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Offline Americanhero1

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Re: Capitalism
« Reply #1 on: September 17, 2009, 11:48:37 AM »
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Offline The One and Only Mo

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Re: Capitalism
« Reply #2 on: September 17, 2009, 11:57:06 AM »
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Offline Americanhero1

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Re: Capitalism
« Reply #3 on: September 17, 2009, 12:01:11 PM »
Main Entry: cap·i·tal·ism
Pronunciation: \ˈka-pə-tə-ˌliz-əm, ˈkap-tə-, British also kə-ˈpi-tə-\
Function: noun
Date: 1877
: 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
http://www.merriam-webster.com/dictionary/capitalism
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