Capitalism falls under what economic system?
Answers
Answered by
0
The capitalism is a system that works just in a market model of economy. The principles of the free market were based on the first liberals thoughts. To it works, is required no government interference in the economy. The opposite to capitalism is socialism, and it (the socialism) works in a planned economy.
Answered by
1
The capitalism is a system that works just in a market model of economy. The principles of the free market were based on the first liberals thoughts. To it works, is required no government interference in the economy. The opposite to capitalism is socialism, and it (the socialism) works in a planned economy
Similar questions
Computer Science,
7 months ago
Math,
7 months ago
English,
7 months ago
Economy,
1 year ago
Computer Science,
1 year ago
English,
1 year ago