Capitalism

Loading the player...

Capitalism is an economic system in which the free market alone controls the production of goods and services. It stands in direct contrast to government-controlled economies, where production and prices are set by a central decision-making body.
 
Economist Adam Smith famously compared free markets to an “invisible hand” pushing producers toward goods and services for which there is greatest need.
 
comments powered by Disqus
Related Articles
  1. GBP/USD Holds Above 1.6000 As UK 3Q GDP Remain Faithful To Estimates
    Forex News

    GBP/USD Holds Above 1.6000 As UK 3Q GDP Remain Faithful To Estimates

  2. EUR/GBP attacking 0.7880 support
    Forex News

    EUR/GBP attacking 0.7880 support

  3. EUR/USD trading slightly up today close to 1.2660 - FXStreet
    Forex News

    EUR/USD trading slightly up today close to 1.2660 - FXStreet

  4. EUR/USD sticks to the range
    Forex News

    EUR/USD sticks to the range

  5. EUR/USD holds initial test of 1.2605 support - Commerzbank
    Forex News

    EUR/USD holds initial test of 1.2605 support - Commerzbank

  6. GBP/AUD: Forming Significant Support
    Investing

    GBP/AUD: Forming Significant Support

  7. EUR/USD Doji Signals Bears Lacking Conviction At A Technical Barrier
    Forex News

    EUR/USD Doji Signals Bears Lacking Conviction At A Technical Barrier

Trading Center