Civilisation Material, Economy and Capitalism

Civilization refers to the complex society and culture developed by humans, including shared institutions, knowledge, and social structures. Material aspects involve physical goods and resources like buildings, tools, and technology that support daily life. Economy is the system through which communities produce, distribute, and consume these goods and services, enabling growth and well-being. Capitalism is an economic model where private individuals or businesses own resources and operate for profit, driven by supply and demand. It fosters innovation and efficiency but also involves competition and varying degrees of inequality. Together, these concepts shape how societies develop and function.