Examlex
Both the Skocpol and Skowronek studies highlight the question of American
Capitalism
Capitalism is an economic system characterized by private ownership of the means of production, profit-driven enterprise, and the market mechanism of supply and demand determining production and investment.
Economic Relations
Refers to the interactions and transactions among individuals, businesses, and governments concerning the production, distribution, and consumption of goods and services.
Capitalist System
An economic system where trade, industry, and the means of production are largely or entirely privately owned and operated for profit.
Social Relations
The interactions and connections among individuals within a society, shaping each other's behaviors, attitudes, and social structures.
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