Define the following terms: i) Capitalism ii) Nationalism iii) Capitalists iv) Nationalists
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i) Capitalism is an economic system on private ownership of the factors of production employed in generation of profits.
ii) Nationalism is defined as being devoted to your country, or the feeling that nation's should act independently instead of working together.
iii) A person who has capital especially invested in business.
iv) A member of a political party or group advocating National independence or strong National government.
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ii) Nationalism is defined as being devoted to your country, or the feeling that nation's should act independently instead of working together.
iii) A person who has capital especially invested in business.
iv) A member of a political party or group advocating National independence or strong National government.
Hope this helps you friend
Thanks ✌️✌️
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- capitalism
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
- Nationalism
identification with one's own nation and support for its interests, especially to the exclusion or detriment of the interests of other nations.
- Capitalists
a person who uses their wealth to invest in trade and industry for profit in accordance with the principles of capitalism.
- Nationalist
a person who strongly identifies with their own nation and vigorously supports its interests, especially to the exclusion or detriment of the interests of other nations.
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