Ideology: A body of ideas and ideals, particularly one that forms the basis of economic or political theories or beliefs and policy.
Capitalism: An economic system, where the production of capital is privately owned. People can provide goods or services on a free market, producing a profit motive. Individualism: The moral ideology that emphasizes the worth of an individual, self-worth. Monopoly: the exclusive possession or control of the supply or trade in a commodity or service Owner Class: the means of production (capital) owned by few people (capitalists) who can pay for them Working Class: people (laborers) who use capital to produce goods having no ownership of the capital, laborers are paid wages and use the wages to purchase products Socialist/Communist: the owner of the production is the state or society, and the only benefactor is society Fascist: the owner of the production is the state, the benefactors of production is the state and then society |
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