Economists classify capitalism into different groups using various criteria. Capitalism, for example, can be simply sliced into two types, based on how production is organized. In liberal market ...

two such types are socialism and capitalism. Capitalism is often referred to as a free market economy in its purest form, where the means of production are owned by private interests. Embedded in ...

While social welfare is integral to Nordic capitalism, Scandinavian countries are still market economies that had strong economic growth through the twentieth century and currently enjoy some of ...

Economists classify capitalism into different groups using various criteria. Capitalism, for example, can be simply sliced into two types, based on how production is organized. In liberal market ...