Social Sciences, asked by anjali000003, 1 year ago

capital system its merits and demerits

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Answered by rathinasamygayathri2

1

Answer:

Merits and Demerits of Capitalistic System

(i) Economic Freedom: ...

(ii) Automatic Working: ...

(iii) Variety of Goods and Services: ...

(iv) Optimum Use of Resources: ...

(v) Efficient Producer: ...

(vi) Higher Standard of Living: ...

(vii) Incentive to efficient: ...

(viii) New Inventions:

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