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.
Faux leather is one of several names given to artificial or synthetic leather. These names are often used to describe specific end uses of synthetic leather products such as faux leather (sofa, chair and headboard upholstery), leatherette (auto upholstery, clothing), and koskin (consumer goods). There are two primary types of faux leather construction: polyurethane (âPUâ), and polyvinyl chloride (PVC â âVinylâ).