Industrial Capitalism

Industrial capitalism is built upon private property of production and means of production (Factories, machinery and stocks)
Production and means of production were owned by the bourgeoisie. Workers, on the other hand, did not own anything, they possesed only  their labour power that was traded for a salary.
The Estate's lack of control over capitalism will produce cyclic crashes and depressions or recessions. These crisis are generally caused by a fast increase of the supply and a stop or decrease of the demand, that may lead to stock which the business can not sell, and, subsequently, lack of cash and bankruptcy.

Banking was essential for the development of capitalism. Banks were the connection between savers who deposited their money into them, and businessman who needed capital for their investments.

Enterprises demand huge amounts of money that could not be afforded by one businessman alone. Corporations bore this way, the capital of a business was divided into smaller parts called shares. These shares could be bought and sold by anyone. The place were the shares were traded is called stock exchange or stock
market.



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