Welcome The society of steemit In recent decades, a series of political, economic, social and cultural concepts and terms with vast and broad meanings have been developed. The international community in which we live every day presents great challenges that we need to stand up to and try to understand.
Therefore, I thought that during the coming period, We hear it every day in the media and social networking sites of all kinds, such as democracy, globalization, propaganda and other concepts and terms resonant...At the beginning of the definition of concepts of these terms the concept of capitalism,
It is an economic system based on the private ownership of the means of production and capital, and the ownership of it is for individuals and private companies, not for the public.
The capitalist system also includes several characteristics, including wage labor and free competition among markets, which lead to the accumulation of financial liquidity in certain groups of people. Developed countries are now an example of capitalism.