Examlex
Which of the following countries had the highest level of output per capita in 1950?
Industrial Capitalism
An economic system characterized by private or corporate ownership of capital goods, production for profit, and the predominance of industrial manufacturing and services.
Government Contracts
Agreements made between a private company and the government to provide goods or services.
Mechanization
The process of using machinery and technology to perform tasks that were previously done manually.
Slave-Owning Indians
Indigenous peoples in the Americas who owned slaves, a practice influenced by European colonization.
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