Sociology, asked by PragyaTbia, 1 year ago

Discuss capitalist society.

Answers

Answered by afrujaKawsar48
1
it is an economic system based on private ownership of means of production and exchange.
Answered by orangesquirrel
1

Answer:

A capitalist society is a system based on private property rights as well as free market which mediates trade and distribution of goods.

It consists of three main wings- the private ownership, a labourer working for wage, and the production of goods and services.

An example of a capitalist society exists in the United States of America.

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