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North-Western Europe Essays

Financial Capitalism in North-Western Europe and Financial Intermediaries

Introduction Capitalism, also referred to as a free enterprise economy or free-market economy, is a type of economic system dominant in the western world where most of the production is privately owned. The economy uses operation markets to guide production and distribute income (Brick, 2015). Studies indicate that modern capitalism emerged in the 18th and 19th centuries ... Read More
Pages: 14       Words: 3720
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