Capitalism: Difference between revisions
(New page: '''Capitalism''' is an economic system based on some very simple principles: * Creating scarcity is essential to sustain economic growth; * The means of production are private...) |
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Revision as of 18:00, 8 December 2008
Capitalism is an economic system based on some very simple principles:
- Creating scarcity is essential to sustain economic growth;
- The means of production are private property;
- The main purpose of producing goods or services is profit.
Further reading
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