Definitions

Capitalism

An economic and political system whereby the means of trade and commerce is controlled by private individuals and companies conducting trade and commerce on a voluntary basis with the goal of bringing profits to those involved. 

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Free Market

A system where government influence upon the prices of goods and services are nonexistent. Prices and values of these items are determined by the forces of supply and demand. Competition is key to the pricing of goods and the development of more efficient production methods. 

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There is no such thing as society. There are individual men and women, and there are families. And no government can do anything except through people, and people must look to themselves first. It’s our duty to look after ourselves and then, also to look after our neighbour.

- Margaret Thatcher