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, Socialism, and Communism Definition-Capitalism-Capitalism is an economic system through which businesses are privately owned in order to make a profit. This system follows the laws of Adam Smith, including the law of competition, law of self-interest, and law of supply and demand.