Capitalism is a financial organization characterised by isolated or trade ownership of wealth goods, by funds that are strongminded by remote decision, and by prices, manufacture and the spreading of goods that are determined largely by race in a permitted market. Marx Karl thought capitalism was “the pinnacle of human …show more content…
For example, in England weaving was a craft that was significant until the nineteenth century when new inventions were coming in because they were using machines more. Because of the population growth, they had to build more houses and make more jobs available. Also in the nineteenth century and twentieth century only 10% of population lived in cities but because its much easier to access jobs in the cities now rather than rural areas and there are many more reasons why only 20% of Americans and 10.45% of Australians live in rural areas in this century. The old way people used to live has changed dramatically throughout the