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- Nikita Chetry
- Latest Answer: 1 year ago
- In: Arts & Humanities
Explain the meaning of the term 'capitalism'.
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1 Answers
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- Answered By Nikita Chetry
- Answer: 1 year ago
It is a system of production in which all means of production, machines, tools and raw material, etc. belong to the capitalist owners, who hire labor to work on them. It is quite opposite to socialism...
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