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capitalism

An economic system based on the private ownership of the means of production and distribution of goods. Also promotes a free market regulated by supply and demand.

Subject: 
World History [1]
Vocabulary: 
Nationalism & Nation-States [2]

Source URL:https://course-notes.org/glossary/term/capitalism_3#comment-0

Links
[1] https://course-notes.org/subject/world_history [2] https://course-notes.org/vocabulary/nationalism_nation_states