What Does “Capitalism” Mean? Capitalism is an economic system where private individuals or companies own and control the means of production, distribution, and exchange of goods and services. Key features include: Private Ownership: Factories, land, businesses, and resources are owned by individuals rather than the state. Profit Motive: The primary goal of business activity is profit generation. Free Market: Prices and competition are largely determined b

What Does “Tact” Mean? Tact is the ability to communicate or act in a way that is considerate, diplomatic, and sensitive to the feelings and perspectives of others. In Business/Leadership: It means delivering criticism without crushing confidence, negotiating firmly without hostility, and navigating conflicts without burning bridges. In Everyday Life: Tact shows up when you give feedback, decline an invitation politely, or offer advice in a way that uplifts ins