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Business
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| Number of pages / Number of words: |
4 / 884 |
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Finally, the labor devoted to purchasing commodities is purchased in labor markets. Capitalism involves all three of these characteristics in order to be called capitalist production. Capitalism leads to employers hiring workers to produce commodities, which the employers then own. The employers then sell the commodities that the workers have produced to make profit...
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The employers then sell the commodities that the workers have produced to make profit.
Again, capitalism is an economic system where the private owners of capital goods, employers, hire wage labor to produce commodities for the purpose of making a profit. This involves two classes, the employers and the labor...
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