Origins of capitalism date as far back as the thirteenth century Europe. First established in Europe by merchants buying goods in one area and selling them for profit in another area. Capitalism in simple words is the use of wealth to create additional wealth. Wealth which was once attained through slaves, in today's society the rich call them "employees." In today's world an employer will hire an employee to perform a certain task to sell a product in which will ultimately make him wealthy if his business is successful enough to return profit. Thirteenth century European merchants would u...
More..Marius Ndini
Member since: January 2007
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