History, asked by arushbajpai20mar2008, 1 month ago

A SYSTEM IN WHICH THE MEANS OF PRODUCTION WERE PRIVATELY OWNED FOR PROFIT. (A) CAPITALISM (B) IMPERILISM (C) SOCIALISM​

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Answered by Anonymous
0

A

nswer:

Capitalism

Explanation:

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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