Question

1. Which system of economy is known as capitalist system?

A. Market System B. Mixed economy C. Socialist System D. None of the above​

Answer 1

Answer:

What Is Capitalism? Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.

A. is correct