1. Capitalism
There are five basic characteristics of capitalism: commodities, money, labor power, means of production and production. ... The second aspect of capitalism is money. Money is a standardized means of exchange. ... These developments are the increase of the division of world wealth, changes in the organization of capital, and the increase in the level of economic globalization. ... Capitalism increased the degree of dehumanization and depersonalization implicit in the institution of slavery. ...
- Word Count: 864
- Approx Pages: 3
- Grade Level: Undergraduate