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Unformatted text preview: profit. C still represents commodities, and C’ represents more commodities. Capitalism is an expansive system because they invest money to make a profit. When they make their profit they invest again in hope to make more of a profit. Capitalists are constantly trying to gain profit by looking for new technology, labor, and markets to save money and time. New technology could make production faster, hence saving the time it takes to get done, so the labor costs would be less. With finding ways for better production, the profit can constantly grow....
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This note was uploaded on 04/02/2012 for the course ECON 103 taught by Professor Voorheis during the Spring '08 term at UMass (Amherst).
- Spring '08