The National Interstate and Defense Highways Act (Also known as Federal Highway Act of 1956), authorized the building of highways throughout the nation, which would be the biggest public works project in the nation's history.
Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.
CAPITALISM. MEANING: (n.) A system of economy where private individuals or corporations control the production and distribution of capital goods and the price of the goods are determined by competition in a free market.EXAMPLE SENTENCES: 1  Most countries in Eastern Europe are moving towards free-market capitalism.EANING: (n.) A system of economy where private individuals or corporations control the production and distribution of capital goods and the price of the goods are determined by competition in a free market.