What is a characteristic of capitalism?

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2026-04-06 10:45

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Capitalism is Natural Resources and finished product are privately owned with a market value of the product dictated by a) the demand of the product by the consumer; b) the cost of the manufacture of the product; and c) the profit to the seller. In a truly capitalist society, government does not concern itself in financial affairs of private transactions beyond taxation (ie price regulation or gouging laws).

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