Capitalism is defined as an economic system that is based on private ownership of capital. In a capitalist economy, the means of production are owned by individuals and the market functioning determines the production and pricing of goods and services.
Bicast leather (also known as bycast leather or PU leather, sometimes described as split leather) is a material made with a split leather backing covered with a layer of polyurethane (hence the term PU leather) that is applied to the surface and then embossed.
Polyurethane Upholstery PU is made by coating a backing fabric such as cotton, polyester or shredded leather with a flexible polymer and then treating it to look more like animal hide. Polyurethane upholstery is the most realistic imitation of genuine leather, with respect to hand, surface feel, and overall appearance.