Explain capitalism in one line.
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Answered by
1
Explanation:
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. The laissez-faire marketplace operates without checks or controls.
Answered by
1
Explanation:
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. The laissez-faire marketplace operates without checks or controls.
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