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Aristocracy And Capitalism

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Aristocracy And Capitalism
1. The two concepts of the key term in Bardes that I find most difficult to understand is aristocracy and capitalism. Aristocracy is a hereditary class ruled by a small number of individuals or a noble family. Capitalism is an economic system that produces and distributes privately or co-owned development from accumulating and reinvesting profits gained in free markets. Since I’m not into politics, these two key term makes it hard for me to distinguish upon trying to understand what types of different governments there are.
2. President Obama’s speech was very well said. He used equality as one of his concepts. In his speech, he stated “We agree that real opportunity requires every American to get the education and training they need to land

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