Social Disorganization

Capitalism, in its original sense, is an economic term, that refers to an economic system where government has no control and interference in the economic activity and the allocation of resources, and all the decision making is done by the private sector. In contrast to a capitalistic system, there exists a socialist system where the entire decision making is done by the government sector and private individuals have no ownership and/or control. While the existing economic system in the contemporary world today is more of a hybrid system, that is it has characteristics of both a capitalist and socialist system, however, in most countries including the United States of America, the system is more tilted towards the capitalistic characteristics.

While the term Capitalist system was first introduced to refer to an economic system, as the science of economics developed, the world progressed, and as the interrelationship and interdependence...
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