Examlex
The belief that one's own culture or way of life is normal and natural,and viewing the different practices of other people as strange and unnatural,is called
Capitalism
An economic system based on the laws of free market competition, privatization of the means of production, and production for profit.
Privatization
The process of transferring an enterprise or industry from the public sector to the private sector.
Means of Production
The resources and tools used to produce goods and services, including land, labor, and capital, a concept central to Marxist theory.
Agricultural Revolution
The social and economic changes, including population increases, that followed from the domestication of plants and animals and the gradually increasing efficiency of food production.
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