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Leonard Pokrovski

added blog Economics
2026-02-06 23:18:41 -

What Are the Main Features of Capitalism?
What Are the Main Features of Capitalism? Capitalism is one of the most common economic systems in the world today. Countries such as the United States, the United Kingdom, Japan, and many others organize most of their economic activity around capitalist ideas. Although capitalism can look different from place to place, it is built on a small set of core features. The most important of these...

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Leonard Pokrovski

added blog Personal Finance
2025-11-14 21:39:08 -

What Other Costs Come With Taking Out a Mortgage?
What Other Costs Come With Taking Out a Mortgage? For many people, buying a home is the largest financial commitment they will ever make. When you think about a mortgage, the first cost that comes to mind is usually the monthly payment. But the real cost of homeownership includes much more than principal and interest. From closing costs and insurance to taxes, maintenance, and mortgage...

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Leonard Pokrovski

added blog Economics
2026-02-09 22:02:06 -

When Did Capitalism Begin?
When Did Capitalism Begin? The question “When did capitalism begin?” seems simple, but historians and economists have argued about it for more than a century. The difficulty is not a lack of evidence, but a lack of agreement on what capitalism actually means. Is it a system based on markets? On private property? On wage labor? On profit-driven investment? Depending on which...

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Leonard Pokrovski

added blog Economics
2026-02-09 23:54:18 -

Who Invented Capitalism?
Who Invented Capitalism? When people ask, “Who invented capitalism?”, they are usually hoping for a simple answer—one person, one place, one moment in history. The honest answer is more complicated and much more interesting: capitalism was not invented by a single person. It developed gradually over centuries, shaped by changing technology, politics, culture, and economic...

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