Difference between revisions of "Capitalism"
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| − | '''Capitalism''' is an economic system whereby most of the means of production are in private (non-government) hands | + | '''Capitalism''' is an economic system whereby most of the means of production are in private (non-government) hands. In practice, all capitalist economies are [[mixed economies]], with at least part of the economy under public control either by regulation or government production. |
| − | + | Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly popular. | |
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| − | Since the fall of [[communism]], and the advent of information technology, capitalism is becoming increasingly popular | ||
[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 00:51, April 3, 2007
Template:Stub Capitalism is an economic system whereby most of the means of production are in private (non-government) hands. In practice, all capitalist economies are mixed economies, with at least part of the economy under public control either by regulation or government production.
Since the fall of communism, and the advent of information technology, capitalism is becoming increasingly popular.