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What Is Capitalism? Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.
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Knowledge of how to manipulate the system
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President Lyndon Johnson was able to get passage of the Civil Rights Act through Congress because of his deep experience in the Senate, understanding who to influence and how.
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the loss of potential gain from other alternatives when one alternative is chosen.
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t would be important so they can groew crops
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The French and Indian War (1754–1763) pitted the colonies of British America against those of New France, each side supported by military units from the parent country and by Native American allies.
Part of: Seven Years' War
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