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Capitalism

Capitalism is a political system characterized by private for-profit ownership of property and goods.

631 Questions

How many countries besides the USA use WikiAnswers?

Basically, every country in the world has access to WikiAnswers. There are users not only in the US and Canada, but also in the UK, Australia, South Africa, New Zealand, India and many other countries throughout the world.

What was the Utopian Movement?

Answer

The Utopian Movement was a time period during American History when people with radical views started to create their own perfect communities. These were called Utopian Colonies, or perfect little communities. However, most of them were unsuccessful and died out after a few years for various reasons. Some examples of these colonies were Brook Farm, New Harmony, and Shakers.

How the free market works?

A free market is one in which decisions about what to produce and in what quantities are made by the market- that is, by buyers and sellers negotiating prices for good and services. If something is wanted but is not available, the price tends to go up until someone begins making more of that product, sells the ones already on hand or makes a substitutes.

(From The Desk of Dr. Adnan Iqbal )

What is a synonym for capitalism?

Free market is probably the best depending on how you're using the term. See other possibilities at http://thesaurus.reference.com/browse/capitalism.

Also: private enterprise, free enterprise, private ownership, laissez faire

What is Islamic economy?

Islamic economy is like any other economy except that it doesn't allow lending money with interest (except the normal administrative charges) and It doesn't allow investing in wine, gambling, and/or sexual fields.