Social Sciences, asked by Bishenm5g, 1 month ago

B. SHORT ANSWER TYPE QUESTIONS: 3. who are the capitalist?​

Answers

Answered by InstaPrince
27

Required Answer:

>Someone who hopes to profit by investing money or financing business ventures is a capitalist. A nation's economy is described as capitalist if it's based on private ownership and profit.

Answered by vikashpatnaik2009
0

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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