Phases of Capitalism and Ideologies

The video tutorial discusses the three phases of capitalism: commercial, industrial, and financial. It begins with an introduction to these phases, followed by a detailed exploration of each. Commercial capitalism is linked to the era of great navigations and colonization, emphasizing trade expansion. Industrial capitalism is characterized by the industrial revolutions, the rise of wage labor, and economic liberalism. Finally, financial capitalism is marked by the growth of banks, monopolies, and the rise of neoliberalism.

Which events are associated with the phase of commercial capitalism?

• The rise of neoliberalism

• The great navigations and colonization

• The industrial revolution

• The expansion of banks

What is a key characteristic of industrial capitalism?

• The rise of large monopolies

• The great navigations

• The emergence of wage labor

• The expansion of trade

Which idea is closely associated with industrial capitalism?

• Colonization

• Economic liberalism

• Monopolies

• Neoliberalism

What marks the phase of financial capitalism?

• The emergence of wage labor

• The expansion of banks and rise of large monopolies

• The first industrial revolution

• The great navigations

Which economic ideology became prominent during the financial capitalism phase?

• Neoliberalism

• Feudalism

• Economic liberalism

• Colonialism