The origins of capitalism in Europe emerged sometime after the 1000's as a form of "merchant capitalism" in the Middle Ages. It was only with the Industrial Revolution that merchant capitalism was transferred to all branches of business. Industrial capitalism grew due to the growth of world trade, in which the Netherlands and England, in particular, were leaders. This development began in the 17th century with the growth of trade and the establishment of chambers of commerce, trading companies (such as the East India Company) and colonialism (imperialism). Then production was gradually established on a larger scale, as a prelude to the industrial revolution. This led to the fact that self-employed craftsmen became hired workers.

After the Industrial Revolution of 1750 and in the following years, this development accelerated, and a class of poor wage-earners grew up to sell their labor.

The division of the historical development of capitalism can be:

The capitalism of free competition ( liberalism ) of the 1840s
Controlled capitalism, social market economy, or mixed economy (Keynesianism) of the 1950s.
Global Capitalism of the 1970s
Development represents a transition from traditional capitalism to institutional capitalism. The traditional capitalists who owned their businesses are being replaced by corporations in which other companies and the public sector have dominant ownership rights.

In the capitalist market of companies and clients, there are various criteria that must be followed in order to maximize the results of companies. In North America, where companies were initially impersonally owned and managed by hired expert leaders, a typical post-war capitalism developed in which the goal of corporate governance was to maximize the return on investment (ROI) of the owners. In Europe, it has developed, especially since the 1970s. Social capitalism aimed at maximizing not only the dividends of owners, but also benefits to society, employee participation and environmental considerations have become important business goals. Recently, both equity capitalism and social capitalism have been challenged by consumer-oriented client capitalism (consumer capitalism) in the face of increased consumer power and consumer choice in a more competitive environment. Best porn site https://noodlemagazine.com - Watch porn.

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