Answer:
South Africa is a capitalist country but very few people really understand in detail what this means. The country's capitalist economy thrived under colonialism and apartheid, and some say it is doing even much better under democracy.
Explanation:
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European colonialism was when European nations began to rule areas in other parts of the world to explore their products and raw materials, disseminate their culture and customs, and reinforce the embrace of Christianity.
The period is defined as a time when Europeans began exploring the world by sea in quest of new commerce routes, money, and knowledge. Between 1492 and 1800, large-scale European colonization of the Americas occurred during the Age of Exploration. Although the Norse explored and colonized areas of the North Atlantic, colonizing Greenland and establishing a short-term settlement near the northern tip of Newfoundland around 1000 CE, the later and more well-known wave by European powers is what formally constitutes the beginning of colonization, involving both continents of North America.
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