Capatialist Economy

 

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Definition

An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.

 


[ Bartering ] [ Capatialist Economy ] [ Cash Economy ] [ Planned Economy ] [ Market Economy ]

11 February, 2000 (c) Brian Yap All rights reserved.

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Helper - A Java Applet that calculates the success percentages.