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Capitalism means where power is concentrated in private hands, depriving the common people equal distribution of wealth. Where rich becomes richer, and the poor survives by staying as the lowest strata of society. The Free Market concept is the brain child of capitalism and common people of various countries including U.S.A. are feeling the pinch,with unemployment,poverty continue to grip the lives of common people.
What else can I help you with?
What does the term 'capitalist' mean?
Someone who owns and controls sufficient means of production that they can employ and exploit workers.
How do private property rights contribute to a capitalist system?
If there were no private property rights then there could be no private businesses and that would mean that it would not be a capitalist system.
Is Netherlands capitalist or socialist?
capitalist
Is Ethiopia capitalist or communist?
capitalist
Is Venezuela capitalist or socialist?
It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.
Is israel capitalist or socialist society?
Capitalist
Is Zambia capitalist or communism?
It is a capitalist country.
Was Robert Owen socialist or capitalist?
capitalist
Is Britain a capitalist or socialist economy?
true
Is the Poland is socialist or capitalist country?
yep
In which quadrant did the Soviet Union belong?
It was state capitalist. Not sure what you mean by quadrant, though.
Is Ghana a capitalist or socialist economy?
Ghana is a capitalist economy.
