Capitalism

A painting of a French seaport from 1638 at the height of mercantilism.

Robert Clive after the Battle of Plassey. The battle began East India Company rule in India.

A Watt steam engine. The steam engine fuelled primarily by coal propelled the Industrial Revolution in Great Britain.[52]

The gold standard formed the financial basis of the international economy from 1870–1914.

Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.

单词	Casual Labour
释义	Casual Labour 英语百科 Capitalism Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.
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Casual Labour

Capitalism