Meaning of Certain Terms : Colonialism, Imperialism and Capitalism

Colonialism : Colony means the country or territory settled by migrants from another country. Thus, the policy of having colonies and keeping them dependant is called Colonialism.
Imperialism : The policy of extending a state's rule over other territories, and of incorporating such colonized into an empire is called Imperialism.
Capitalism : Economic system in which a country's trade and industry are organized and controlled by the owners of capital, the chief elements being competition, profit, supply and demand.

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