Capitalism refers to an economic system in which a society's means of production are held by private individuals or organizations, not the government, and where products, prices, and the distribution of goods are determined mainly by competition in a free market.
A tradictional economy is often seen to have the people of it's government almost completely control its economy with little control of its govermental say in what goes into that economy. The people decide.
The renaissance gave way to enlightanmant and rebirth. This period of time
allowed the modern era to break off from its past medieval era. The
renaissance allowed Europe to rise up and be what it is today.
<span>The Colonists believed to get
the belief of personal freedom from England.
It was said that the colonists bought it from England because they
wanted freedom so they could be free from the high taxes and the royalty.</span>
Generally speaking in most western nations, the smallest level of political organization would be a "ward," since these are usually reserved for the smallest levels of participation.