capitalism is focused on the creation of wealth and ownership of capital and factors of production, whereas a free market system is focused on the exchange of wealth, or goods and services.
If AE is x+50 then the whole thing must be x=50, If a portion of that, CE, is x+32, then the rest of it, AC, must be x+18, because no matter what X is, 32+18=50.
Confucianism, Taoism, and Buddhism are considered the “<u>three pillars</u>” of ancient Chinese society.
As <u>philosophies</u> and <u>religions</u>, they not only influenced spirituality, but also government, science, the arts, and social structure.
Though their specific beliefs and teachings have occasionally been at odds with each other, there has been much room for overlap.
Instead of one tradition taking over and pushing the others out, the three philosophies have influenced society alongside each other, changed each other, and at times blended together.
Understanding the unique interplay between these three traditions gives <u>great insight</u> into <u>ancient Chinese society</u>, as well as modern times.