cargoes, for example. Capitalism Capitalism is the economic, business, and political system that allows people to own resources and use them to engage in production, trade, and the distribution of goods and services -Capitalists are people, like Carnegie and Rockefeller, who personally own and/or control the physical capital of industrial production—machinery, factories, distribution networks, raw materials and inputs, research and development and technology. -Capitalism gave rise to increasing…
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