Describe What Capitalism Is

question 93

Essay

Describe what capitalism is.

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Definitions:

Culture

The sum of attitudes, customs, and beliefs that distinguishes one group of people from another.

Shared Values

Fundamental beliefs or principles that are held in common by a group, organization, or community, facilitating cohesion and cooperative action.

Ideology

A system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.

International Economics

A field of study concentrating on how countries engage in trade, the effects of tariffs and quotas, exchange rate fluctuations, and global financial markets.