Economy, asked by 20100279130016, 6 months ago

4.4.1 Features of Capitalism (Capitalistic
Economy)
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1all the features of capitalism​

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Answered by anjelshivani2008
2

Answer:

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.

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