Question

define capitalistic economy?

Answer 1

capitalistic economy :- this is an economic system  in which capital goods are owned by private individuals or businesses. The production of goods and services is based on supply and demand in the general market rather than through central planning .

may this helps you..

Answer 2

Answer:

Capitalist Economy is the economic system where production and property are privately owned by individuals and companies. The free market determine the supply, demand, and prices of the products. There is no direct government intervention.