Terms Beginning With 'c'

Capitalism

  • January 09, 2020
  • Team Kalkine

Adam Smith is the father of Capitalism, defined as an economic system where private players own and control a country's trade and industry in line with their interests, and demand/ supply freely while setting prices in markets to best serve the interests of society with limited state intervention.

x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK