capitalism definition
Answers
Answered by
1
Answer:
Capitalism is an economic system in which private individuals or businesses own capital goods. ... They may determine where to invest, what to produce or sell, and at which prices to exchange goods and services.
Answered by
1
Answer:
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.
Similar questions