MODERN CAPITALISM
MODERN CAPITALISM 1. Introduction of Capitalism: The mixture of free economic system and socialism is called "Mixed Economy", it is also known as “capitalism" Except China, USSR and East Europe it is functioning almost in all the countries of the rest of the world. Under this system people have the right of private ownership and economic freedom Common man can use land, capital and the resources as he wants. But some resources and factories are in govt. Custody and some affairs are r...