Capitalism - A Grossly Glorified Economic System.
Capitalism is a socio-economic system that has developed since the Industrial Revolution . It replaced the feudal system and the system of craft skills in the seventeenth century . In the Capitalist system, the production and distribution of goods depends on invested private capital and profit making. The function of regulating the economy is achieved largely through the operation of market forces . Capitalism has had advantages and disadvantages, this essay will explain these, and also give my argument depicting that Capitalism's contribution to society has been more negative rather than…
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