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Capitalism Qing Dynasty

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During the establishment of the Qing dynasty, China’s economy was in a period of expansion. Due to a long period of peace and prosperity.
Trade began to be very prominent. New markets were founded, and merchants were expanding these markets across provincial lines. Although trade and manufacturing were growing, the ability for middle-class merchants to freely trade and make profit was limited. As I was researching, I understood that during this period normal people were very limited in how they could make a living, but I could not really draw the line between capitalism and socialism. What makes them so different? Capitalism is an economic system in which the means of production are privately owned and operated for private profit. The

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