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Definition of Industrial capitalism

Industrial capitalism Definition from Society & Culture Dictionaries & Glossaries
Social Work in Canada
The rise of industrial capitalism is an era important to the development of a modern system of public and private social welfare and social work. Subsistence and barter systems decreased as people entered the labour market in order to survive.
Industrial capitalism Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
Capitalism is an economic system in which trade, industry, and the means of production are largely or entirely privately owned and operated for profit. Central characteristics of capitalism include capital accumulation, competitive markets and wage labour. In a capitalist economy, the parties to a transaction typically determine the prices at which assets, goods, and services are exchanged.

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