Definition Of Financial Capitalism
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Capitalism is an economic system in which capital goods are owned by private individuals or businesses.
Definition of financial capitalism. In capitalism the most important means of production is money rather than land as in feudalism or labor as in socialism. That is the ability to raise and use money for the production of goods and services is more important than owning the land from which goods come or the ability to work in order to create a good or service. The production of goods and services is based on supply and demand in the general market.
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